A social media investment opportunity that appeared highly profitable turned into a major financial setback for a trader in Indore, who reported losing ₹65.57 lakh in an alleged trading fraud. Police said the victim was drawn into an online investment group that projected extraordinary returns, while a mobile application displayed fictitious profits nearing ₹4 crore to build trust and encourage larger deposits.
According to officials, the complaint was filed by Deepak Chandore, a resident of Mahesh Avenue on Chhota Bangarda Road. He told investigators that he came across the investment link in December 2025 while watching short video reels on social media. The advertisement redirected him to a group named “A69 ABCL Wealth Navigator Club,” where members regularly shared screenshots of profits, trading videos, and online lectures. After observing the group’s activity for nearly 1 month, Chandore decided to invest. The case has been registered at Aerodrome police station and an investigation is underway.
Chandore stated that after showing interest, he was contacted on WhatsApp by a woman identifying herself as Diya Mehra. She guided him through what was described as an account-opening process. He was sent a link linked to what appeared to be a well-known company and asked to fill out an online form. Later, he was instructed to download a mobile application from the Google Play Store to carry out trading transactions. He initially invested ₹5,000, and the app displayed returns, which increased his confidence. From January 29, 2026, he began depositing larger sums. By February 20, the app allegedly showed profits close to ₹4 crore, prompting him to continue investing as directed.
Problems began when Chandore attempted to withdraw the funds displayed on the app that he had joined through a social media investment network. Police said he was told there were “technical issues” preventing the withdrawal and was later convinced, through continued communication linked to the same social media-driven platform, to invest more money in a new IPO opportunity. When repeated efforts to recover the amount failed, he realised he had been cheated and approached authorities. Investigators confirmed that the total reported loss stands at ₹65.57 lakh, part of which was borrowed. “A case has been registered and further investigation is underway,” said Tarun Bhati, officer in charge of Aerodrome police station. A First Information Report has been filed against unidentified persons connected to 4 mobile numbers, and efforts are ongoing to trace the suspects and examine the financial transaction trail.
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