WhatsApp Trading Scam Using Fake Apps Prompts Cyber Crime Cases in Navi Mumbai and Hyderabad

Investigators say a woman posing as an investment adviser funneled targets from group chats into lookalike platforms that displayed phantom gains.

Overview

A 71-year-old Vashi businessman lost ₹1.60 crore after being added to WhatsApp groups led by a caller named Divya who promoted an app called NB Trusted Partner via m.nbinvests.com.
The fake interface showed his balance rising to ₹4.29 crore before a November 28 withdrawal request was blocked and further investment was demanded for another IPO.
Hyderabad cyber crimes police registered a case after a 63-year-old Nallakunta resident lost ₹29.5 lakh through a similar scheme using a fraudulent app named NivPro and a claimed Excelsoft Technologies IPO.
FIRs cite cheating under the Bharatiya Nyaya Sanhita and provisions of the Information Technology Act as officers work with banks and telecom operators to trace beneficiary accounts and the digital trail.
Police advised the public to avoid unsolicited trading groups, verify platforms and advisers on SEBI’s website, and never share bank or PAN details or install unverified trading apps.