Bengaluru software engineer loses Rs 9.75 lakh in online trading scam

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AI-generated summary of the coverage listed below: A software engineer based in western Bengaluru was defrauded of Rs 9.75 lakh through an online trading and investment scheme. The scam involved a fake trading app that promised high returns, luring the engineer into investing large sums. The loss highlights the growing risk of digital financial fraud in India and the need for stricter regulation of online investment platforms. QUOTE: "A software engineer from western Bengaluru was swindled of Rs 9.75 lakh in an online trading and investment scam." — Deccan Herald

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