2 well-heeled, lettered women lose 2 crore to share trade fraud in Mumbai
Friday, 13 December 2024
Two Mumbai women, from affluent backgrounds and educated, lost crores in separate share trading scams. Lured by Facebook ads, they downloaded fraudulent trading apps, 'Mstock Max' and 'ZeradhA', and were promised significant returns. Attempts to withdraw their profits revealed a 20% penalty clause, exposing the fraud.
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