Former IPS Amar Chahal Shoots Self After Rs 8 Cr Cyber Fraud in Patiala

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Moneycontrol•22-12-2025, 19:08
Former IPS Amar Chahal Shoots Self After Rs 8 Cr Cyber Fraud in Patiala
- •Former IPS officer Amar Chahal allegedly shot himself in Patiala after being duped of Rs 8.10 crore by cyber thugs.
- •A note recovered from the scene details how he was scammed by 'F-777 DBS Wealth Equity Research Group', which falsely claimed links with DBS Bank.
- •The group lured him with promises of high returns on stock trading and IPOs, then created fake dashboards showing inflated profits.
- •Chahal was pressured to reinvest and later asked to pay hefty "service fees" and "taxes" to withdraw his money, which was never processed.
- •He urged authorities to form a Special Investigation Team (SIT) to trace the money trail of the highly organised scam.
Why It Matters: Ex-IPS Amar Chahal dies by suicide after losing Rs 8 Cr to cyber fraud, urges SIT probe.
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