Overview

• A 59-year-old chartered accountant from Mulund was defrauded of ₹97 lakh in an elaborate online trading scheme over several months.
• The victim was added to a WhatsApp group named 'Practice Proves Truth, R Gara,' where members shared fake testimonials and profit screenshots.
• Key scammer Ishani Mehta provided personalized investment tips and directed the victim to download the fraudulent 'R Gara' trading app.
• The victim made nine transfers totaling ₹97 lakh, believing he was investing in shares and IPOs, before discovering the app was a scam.
• The East Cyber Police formally registered the case on April 22, 2025, under the Bharatiya Nyaya Sanhita and IT Act, and investigations to trace the fraudsters are ongoing.