Two Calcuttans lost more than ₹50 lakh after making investments through apps they encountered on social media platforms. ADVERTISEMENTThe Urbana resident, a senior citizen, reported the incident to the police in the last week of December. According to the complaint, he was added to a WhatsApp group that already had around 400 members. They later illustrated the investment's profitability and the income I was accruing," the complainant reported to the police. Later, he was added to another WhatsApp group with 40 members.

Source: The Telegraph January 05, 2026 01:41 UTC