Bengaluru's 75-year-old woman loses ₹2 crore to an investment scam promising high returns: Report
By : Sandhya
Cybercriminals defrauded a 75-year-old Bengaluru woman of ₹2 crore by luring her with promises of high returns on stock market investments. The fraud took place between December 9, 2024, and January 31, 2025. In a further blow, the victim also paid a 15% commission in an attempt to withdraw her investment and alleged profits.
The victim, a resident of Cooke Town, filed a complaint with the East CEN Crime Police, stating that she was deceived by individuals identified as Girivasan Iyengar and Aisha Sithika, who posed as representatives of 'Hem Securities.' The duo convinced her to invest in online trading, guaranteeing assured returns.
Over multiple discussions, Iyengar, Sithika, and the so-called 'Hem Securities Customer Service' persuaded her to transfer ₹2 crore across various bank accounts. When she attempted to withdraw her funds on January 31, they demanded a 15% commission and additional transaction fees, claiming the amount would be released within two days.