Noida, 22 November 2025 — Cyber fraudsters scammed a Noida-based businessman of nearly ₹3 crore after befriending him on Facebook. The accused impersonated professional trading experts and enticed the victim with promises of huge profits in crypto and stock trading, eventually siphoning off his entire investment.
How the Fraudsters Executed the Scam
Police revealed that the businessman became friends with a woman’s profile on Facebook. Claiming to be a financial analyst, she slowly gained his trust and urged him to join a “special trading platform” with guaranteed high returns.
To trap him further, the fraudsters:
- Displayed fake profit screenshots
- Pushed him to make repeated deposits
- Demanded extra “trading fees” and “taxes”
- Imposed withdrawal restrictions
- Manipulated him psychologically by pretending that big profits were waiting
Over several weeks, the businessman transferred around ₹3 crore to multiple bank accounts provided by the scammers.
Balance Vanishes Overnight
When the victim tried to withdraw his investment:
- The platform suddenly froze
- The entire account balance disappeared
- The woman stopped responding
- All contact numbers and chat handles were deleted
This confirmed that he had fallen victim to a well-organized cyber fraud network.
Cyber Police Register Case, Investigation Launched
The businessman immediately filed a complaint at the Noida Cyber Police Station. Officers have begun tracking the money trail, analysing digital footprints, and coordinating with banks to identify the suspects. Police suspect the involvement of an international cybercrime gang using social media to target high-income individuals.
Authorities have once again urged citizens to avoid investing through unknown persons on social media and to verify platforms before transferring money.
