IIM Ahmedabad employee fooled in Rs 50 lakh bogus SME IPO pitch via WhatsApp trading scam

June 11, 2025

An IIM-Ahmedabad manager was swindled out of nearly Rs 50 lakh in an elaborate online trading scam. Lured through a Facebook link to a WhatsApp group offering stock market tips, the victim invested in a bogus IPO scheme via a fraudulent mobile app.

More To Explore

Metal stocks set for strong year as domestic demand strengthens: Dharmesh Kant

Despite U.S. rate cuts, IT sector growth remains subdued due to AI disruption, with midcap services firms offering better prospects. Aviation faces near-term pain from

December 11, 2025

Hindustan Zinc shares rise 4%, up nearly 9% in 3 sessions. What’s behind the recent surge?

Hindustan Zinc shares surged 4% to Rs 532 as silver hit a fresh high, driven by a US Fed rate cut. The company, India’s sole

December 11, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003