The Kolkata Police have issued a public warning regarding 50 investment applications that have been identified as sources of cyber‑fraud. The alert follows a report that the city suffered losses amounting to Rs 15 crore in August from such scams.
Police officials explain that the apps promise unusually high returns, but instead divert user funds through hidden fees and misleading promises. The city’s cyber crime cell has seen a rise in complaints over the month.
Those who have fallen victim are advised to file a complaint with the cyber cell and keep all transaction receipts and screenshots as evidence. Verification of app authenticity and a careful review of terms and conditions are recommended.
Investigators are working to dismantle the fraudulent platforms and urge citizens to report suspicious activities promptly.
