Status: Not Approved
HEAD: 25_Kol_TB_Tamaghna_four arrested in 2 crore investment fraud Four persons were arrested in kolkata investment fraud via fake whatsapp stock group and app Kolkata: 4 persons were arrested in connection with a Rs 2.1 crore investment fraud in which a 63-year-old New Town resident was allegedly duped through a fake stock trading WhatsApp group and a fraudulent mobile application, police said. The arrests were made in connection with a case dated February 4 this year, registered at the Bidhannagar Cyber Crime Police Station. Police said Ghosh initially invested Rs 25,000 and was shown instant profits on the app interface. Encouraged by the apparent returns and regular stock recommendations shared in the group, he went on to invest a total of Rs 2.1 crore between December 17, 2025 and January 27, 2026. Cops said that, while probing the case, they arrested 4 persons: Md Arman from Domjur in Howrah, Chiranjit Das from Suti in Murshidabad, and Masud Ali and Fayed Ali from Farakka in Murshidabad.
the victim was unable to withdraw his funds when he attempted to redeem the accumulated amount and realised he was duped While the app displayed substantial profits.