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
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.
