Coimbatore- based businessman loses 90 lakh to cyber fraudsters

Coimbatore: The rural cybercrime police have registered a case against cyber fraudsters for cheating a businessman to the tune of Rs 90 lakh.
According to a police officer, N Senthil, 40, a dealer of a biscuit firm from Periyanaickenpalayam, was added to a WhatsApp group named ‘Aarayaa Finance Alliance G222' when he clicked a Facebook page while searching online trading tips.
"The WhatsApp group members were later provided with a link to download the Aarayaa Finance Alliance trading app. Senthil downloaded the mobile application and started to invest Rs5,000 and Rs10,000 in several transactions from December 7, 2024. The app showed he had earned a profit of Rs3 lakh. He invested Rs90 lakh till December 27, 2024, and the app showed he had earned a profit of Rs2.70 crore. When he tried to withdraw the amount, he failed," the officer said.
Realizing that he was cheated by cyber fraudsters, he lodged a complaint with the rural cybercrime police, who registered a case against the cyber fraudsters under various sections on Wednesday evening. Further investigation is on.