Nashik Stock Scam: 3 Defrauded of ₹1.77 Crore by 'Virtual Profit' Scheme

• Three Nashik residents, including a businessman, lost ₹1.77 crore in a sophisticated stock market investment scam.
• Cyber fraudsters lured victims with promises of high returns via fake WhatsApp groups and a fraudulent app showing 'virtual profits'.
• Victims, despite being educated, were repeatedly asked for more money when attempting to withdraw their supposed earnings.
• Police filed cases against account holders Anaya Verma, Vanshika Gill, and Navisha Sanyam, where the defrauded money was transferred.
• Cyber Police warn against unverified online schemes, unknown WhatsApp groups, and unrealistic returns, urging use of SEBI-registered apps.

Why It Matters: Beware of online investment scams promising quick, high returns; always verify and use SEBI-registered platforms.