A 63-year-old retired railway employee from Mulund, Mumbai, was swindled out of ₹1.49 crore (approximately $180,000 USD) by cyber fraudsters through a deceptive online share trading scheme. The victim encountered an advertisement on December 26, which led her to join a WhatsApp group named 'VIP Share Trading Platform' that boasted around 90 members. Initially, she invested a small amount and received a quick profit of ₹90,000, which encouraged her to invest more. Over time, she transferred ₹1.05 crore in 31 transactions to the fraudsters' bank accounts. When she attempted to withdraw her funds, she was informed of additional charges amounting to ₹88 lakh (approximately $106,000 USD), which she was coerced into paying. The fraudsters even sent fake letters from the Securities and Exchange Board of India (SEBI) to further manipulate her. Realizing the deception, she reported the incident to the police, leading to an FIR being filed against the culprits for cheating and forgery under the Indian Penal Code and the Information Technology Act, 2000.