Indian cyber-fraud specialist lawyer loses Rs 1 crore in online scam: How to stay safe from digital fraud

Indian cyber-fraud specialist lawyer loses Rs 1 crore in online scam: How to stay safe from digital fraud
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A well-known lawyer from Kerala has fallen victim to a online scam.

The lawyer lost a staggering Rs 1 crore.

The scam unfolded when the lawyer was approached with an enticing investment offer, which he believed was genuine.

In a startling turn of events, a well-known lawyer from Kerala, S. Ajith Kumar Sasthamangalam, has fallen victim to a sophisticated online scam, losing a staggering Rs 1 crore. Despite his expertise in handling cyber fraud cases, Kumar was deceived by a fraudulent scheme offering a stock market investment opportunity.

The scam unfolded when Kumar was approached with an enticing investment offer, which he believed was genuine. He invested a large amount of money, only to later realise that the entire operation was a scam, reports Mathrubhumi. This incident highlights the increasing sophistication of online fraud and the need for vigilance.

The cyber police have taken swift action, filing a case and initiating a thorough investigation into the matter. This situation underscores that even experts in cyber law are not immune to digital deception, emphasising the importance of staying informed and cautious.

Also read: Hyderabad govt employee recovers Rs 97,312 lost to cyber crime without FIR: Here’s how

Indian cyber-fraud specialist lawyer loses Rs 1 crore in online scam

To protect yourself from similar online scams, here are some essential tips:

1. Verify the Source: Always double-check the legitimacy of investment opportunities or offers that seem too good to be true. Research the company or individual offering the investment thoroughly.

2. Beware of Pressure Tactics: Scammers often create a sense of urgency or pressure to make quick decisions. Take your time to evaluate the offer carefully before committing any money.

3. Secure Your Information: Avoid sharing personal or financial details with unknown or unverified sources. Ensure that your online accounts are protected with strong, unique passwords.

4. Use Reliable Platforms: Conduct transactions only on trusted and secure platforms. Look for reviews and ratings to check the reliability of the service.

5. Report Suspicious Activity: If you encounter any suspicious offers or believe you might be targeted by a scam, report it to the relevant authorities immediately.

By following these precautions, you can reduce the risk of falling victim to online fraud and safeguard your financial well-being.

Ayushi Jain

Ayushi Jain

Tech news writer by day, BGMI player by night. Combining my passion for tech and gaming to bring you the latest in both worlds. View Full Profile

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