Trading Scam on Telegram, Millions of Rupees Stolen from Accounts! Major Stock Market Scam Exposed

Stock Market Scam: Scammers are no longer limited to phone calls or fake websites. They have become completely dependent on technology and are using new digital platforms to target ordinary people.

Stock Market Scam: Scammers are no longer limited to phone calls or fake websites. They have become completely dependent on technology and are using new digital platforms to target ordinary people. Online investment fraud has increased rapidly, and the Telegram app is now becoming a new hub for stock market scams.

Mumbai Woman Loses Nearly 4 Lakh Rupees

Recently, a similar case came to light involving a 38-year-old woman from Mumbai. After seeing a seemingly innocuous online advertisement related to stock market tips, she joined a Telegram trading group. The group looked completely professional—active chats, charts, profit figures, and admins who claimed to be experts. There was no room for suspicion.

A Carefully Planned Strategy to Gain Trust

Initially, she was asked to invest very small amounts, sometimes 120 rupees, sometimes 500 rupees. After each payment, screenshots of profits, green arrows, and celebratory messages appeared in the group. It seemed like everyone was making money. This convinced the woman that it was a genuine trading platform.

The Pressure to Invest More Gradually Increased

Once trust was fully established, the real game began. The admins started pressuring her to invest more money. In just a few days in December, the woman transferred money multiple times. Each time a different UPI ID or bank account was provided, and excuses were made, such as wallet upgrades or premium memberships. Lured by the promise of huge profits, she was defrauded of a total of over 3.8 lakh rupees.

The 'Gurus' and the Group Suddenly Disappeared

After sending the money, the group suddenly went silent. No messages, no screenshots, and no replies. That's when the woman realized she had been scammed. A complaint was filed with the Mumbai Police, where the investigation revealed that the money had been transferred to several different UPI accounts, making it extremely difficult to track.

Elderly Couple in Noida Also Falls Victim to Major Fraud

This is not the first such case. In 2025, an elderly businessman, approximately 76 years old, from Noida was also defrauded of nearly ₹19 lakh. The fraudsters contacted him through social media, posing as representatives of a reputable investment company, and swindled him out of his entire life savings. Despite filing an FIR for cybercrime, the perpetrators could not be apprehended because the gang was operating using fake IDs and social media accounts.

How to Avoid Telegram Trading Scams

To avoid such scams, it is crucial to keep a few things in mind. Stay away from any individual or group that claims to offer guaranteed profits without risk. Do not send money to the personal bank account or UPI of any unknown person. Before investing, always verify whether the broker or advisor is registered with SEBI (Securities and Exchange Board of India). It is best to stay away from trading groups on Telegram and WhatsApp, as screenshots and claims can be easily fabricated.

What to Do Immediately If You Are Scammed

If you become a victim of any kind of fraud, do not delay. Immediately call the cybercrime helpline at 1930 and file a complaint on cybercrime.gov.in. There are no shortcuts to making money in the stock market. Those who promise quick profits and ask for money are not selling investments, but lies.