IIM Ahmedabad employee fooled in Rs 50 lakh bogus SME IPO pitch via WhatsApp trading scam

IIM Ahmedabad employee fooled in Rs 50 lakh bogus SME IPO pitch via WhatsApp trading scam

A manager at the Indian Institute of Management (IIM), Ahmedabad, has fallen victim to an elaborate online trading scam, losing nearly Rs 50 lakh after being lured into a bogus IPO investment scheme through a WhatsApp group promoting stock market “tips.” According to The Times of India, the 49-year-old victim, who resides in Chandkheda, filed … Read more