​A significant cyber fraud case has emerged in Mumbai, where a 75-year-old retired ship captain from Colaba was deceived into investing over ₹11 crore in a fraudulent online share trading scheme. The victim was added to a WhatsApp group impersonating a reputed financial services company, where he was lured with promises of high returns. Over three months, he transferred substantial amounts based on these false assurances. The fraudsters even sent him a fake arrest warrant to coerce additional payments. Upon realizing the deception, he approached the police, who have registered a case and are investigating the matter.

Regarding legal proceedings, there is no publicly available information indicating that any individuals have been arrested or have sought pre-arrest bail in connection with this specific case as of now. The investigation is ongoing, and authorities are working to identify and apprehend the perpetrators.​

If you’re interested in more details about similar fraud cases or legal proceedings related to financial crimes in Mumbai, feel free to ask.​

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