A 48-year-old retired army man from Gandhinagar was allegedly duped of Rs 29.5 lakh in a cyber fraud case after being lured into a bogus stock trading scheme operated through a mobile application, police said.
Fraud Began With WhatsApp Contact
According to the complaint lodged with the cybercrime police of the Gandhinagar range, the victim received a WhatsApp audio call on November 25, 2025 from an unknown number. The caller claimed to be a senior adviser of a reputed stockbroking firm and offered guidance on high-return investments.
Police said the victim was then added to a WhatsApp group named F64 R.B.K Market Parivar, where trading tips and stock analysis messages were regularly shared to build credibility. Though initially hesitant, he later filled out an online form sent by the accused and shared personal details including PAN and Aadhaar information.
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Mobile App Showed Inflated Profits
The complainant was subsequently asked to download a mobile application named RBK PMSDelynor from the app store using an invite code. Believing the scheme to be genuine, he began transferring funds from his own and his wife’s accounts to multiple bank accounts provided by the fraudsters between December 2025 and January 2026.
Police said the application displayed inflated profits of more than Rs 4 crore, which further persuaded him to invest larger sums. The apparent gains, investigators said, were part of the deception used to keep the victim engaged in the scheme.
Withdrawal Request Exposed The Fraud
The fraud came to light when the victim tried to withdraw his money and was asked to pay an additional Rs 25 lakh as processing charges. Realising he had been cheated, he contacted the cybercrime helpline 1930 and filed a complaint.
Police said the accused used fake identities and manipulated the application interface to show fictitious gains. A case of cheating and impersonation has been registered against unknown persons, including the holders of the mobile numbers used and the beneficiaries of the bank accounts involved.
About the author – Rehan Khan is a law student and legal journalist with a keen interest in cybercrime, digital fraud, and emerging technology laws. He writes on the intersection of law, cybersecurity, and online safety, focusing on developments that impact individuals and institutions in India.
