India, Nov. 13 -- A 65-year-old retired lawyer was duped of Rs.9.94 crore by cyber fraudsters posing as the employees of a leading stockbroking firm, after being lured into investing in fake IPOs and mutual funds through a WhatsApp group.

The complainant, a Mulund resident who lives with his 61-year-old wife, had retired in 2021 as an administrative head from an Indian multinational company. His daughter is a doctor at a hospital in Kamothe, Navi Mumbai.

According to the Eastern Cyber Cell, the scam began on June 28, 2025, when the complainant received a WhatsApp call from a woman identifying herself as Suman Gupta, introducing herself as an administrator at a reputed stockbroking firm. She then shared a WhatsApp group link, which he jo...