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Delhi Investor Loses Rs 1.73 Million in Fake Share and Forex Scheme

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News Analysis IndiaReporter
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August 5, 2026
03:11 PM
Delhi Investor Loses Rs 1.73 Million in Fake Share and Forex Scheme

A resident of Uttam Nagar in Delhi, Sunil Kumar, filed a complaint after being duped of Rs 17,30,050. He was first coaxed into investing in the Indian share market, then pushed to fund an overseas‑appearing forex platform. The fraudsters displayed fabricated profits, urging larger deposits. When Kumar attempted to withdraw his money, the perpetrators fabricated losses and confiscated the entire amount.

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