Home / Crime and Justice / Ex-IPS Officer Duped of ₹8 Crore by Cyber Thugs
Ex-IPS Officer Duped of ₹8 Crore by Cyber Thugs
23 Dec
Summary
- Former IPS officer allegedly shot himself due to cyber fraud.
- He claimed to have lost ₹8.10 crore to online fraudsters.
- Scammers posed as wealth management advisors using fake bank links.
A former IPS officer, Amar Singh Chahal, has allegedly shot himself in Patiala, citing financial ruin from a cyber fraud totaling ₹8.10 crore. He is in critical condition at the hospital. A note recovered from the scene indicates the incident stemmed from a sophisticated scam.
The fraudsters operated through WhatsApp and Telegram groups, impersonating advisors from DBS Bank and its CEO. They promised unusually high returns on stock trading and other investments. Fake dashboards were used to create an illusion of profits, encouraging the victim to deposit larger sums.
Chahal detailed how he was pressured to reinvest and then charged hefty fees for withdrawals that never materialized. He urged authorities to form a special team to trace the money. The former officer expressed deep distress and shame, stating only the scammers were responsible for his actions.
