A retired senior auto exec in Pune just reported losing ₹53 lakh in a long-drawn scam.
The scammer pitched himself as an agent of some Kolkata financial firm, running from 2
016 to 2023.
Victim funneled investments through a demat account—got ghosted, no returns, no principal, nada.
Cops filed a case under criminal breach of trust and cheating—sections 406, 409, 420.
Pro tip: knowing the person ain't means trusting their money game is safe—just ask.
Scams don’t get old—they just get sneakier and more personalized.
Keep receipts, records, and red lights—if payments happen, verify
.
If the "agent" vanishes, hit the cops. Don’t wait.
Always double-check credentials—even with "trusted
" insiders.
Emotional connection + money talk = recipe for disaster.