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Investment scam: Colaba banana trader loses Rs 67 lakh after downloading app

The victim said he was added to a WhatsApp group and instructed to download an app—YESPRO—for investments

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The victim said he was coaxed to purchase various IPOs. Representation pic

The victim said he was coaxed to purchase various IPOs. Representation pic

A Banana wholesaler from Colaba was duped of over Rs 67 lakh in an investment scam, police said, adding that an FIR has been registered with the South Cyber Cell of the Mumbai Crime Branch, and an investigation into the matter has been launched.

According to the victim, 36, the fraud occurred between September and October. He approached the police last week to fila a complaint.

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