Mumbai Cyber Fraud: 38-Year-Old Tata Memorial Centre Scientific Assistant Duped Of ₹10 Lakh In Online Trading Scam; Case Registered

On September 24, 2026, a 38-year-old scientific assistant from the Tata Memorial Centre, Santosh Krishna Tambe, filed a police complaint alleging he was defrauded of ₹10 lakh through an online trading scam. According to the complaint, Tambe joined a Telegram stock market trading group on June 1, 2026 under the name "ANTARA INDIA EVERGREEN".

The group allegedly shared information about stocks that promised high returns. Tambe began trading shares through the Groww app using the guidance provided by the group members. Allegedly, the accused shared a link to a website named antaraindia.com, where Tambe entered his details. The website displayed information about stocks that allegedly offered high returns and allowed investors to make different trading plans, including one-day and 10-day trades.

On August 15, an alleged trader created another group on the Arattai app called "AH103 Antara Rapid Profit Plan Group". Tambe was then informed that depositing ₹10 lakh would enable him to receive a larger allocation of shares. After investing around ₹10 lakh, Tambe was shown a purported total balance of ₹47.32 lakh in his account, but an outstanding amount of ₹7.84 lakh was also displayed.

When Tambe questioned the demand for the outstanding amount, the accused allegedly refused the request. Tambe then asked to sell his shares and have the outstanding amount deducted from the profits, but the accused allegedly refused. Tambe subsequently approached the Cyber Police Station at BKC on September 20, lodging a complaint through the cybercrime helpline, and also registered a case with the Trombay Police.

The Trombay police have registered the case under Section 66(D) of the Information Technology Act and relevant provisions of the Bharatiya Nyaya Sanhita (BNS).