71-year-old Doctor loses Rs 20 Lakh in AI-Driven Investment Scam

Upon clicking the link, the retired doctor was contacted via WhatsApp by a person using a UK-based phone number. The caller claimed to represent a company called Fin Bridge Capital and requested her personal documents — including her Aadhaar card, PAN card, and bank details — for registration purposes.

Also Read: Thane doctor duped of Rs 3.47 crore- Here's what happened

According to the Hindu, the victim was then introduced to another individual posing as a financial advisor, who encouraged her to begin with a modest investment of ₹20,000. She was soon shown fabricated profits calculated in dollars, which persuaded her to make further deposits. Trusting the scheme, the doctor continued investing until her total contribution reached ₹20,13,305.

The scammers claimed her account had earned $79,850, which was supposedly stored on a platform named ‘Bitcoin Block.’ However, when she attempted to withdraw the funds, she was told to pay various fees and charges. It was only after repeated delays and demands for more money that she realized she had been conned.

Following her complaint, the Hyderabad Cyber Crime Wing registered a case and has begun a probe to track down those responsible.

Also Read: 82-year-old doctor loses Rs 1.2 crore to digital arrest fraud

Medical Dialogues had previously reported that by falsely threatening to arrest him in person and claiming he was being digitally arrested, two scammers posing as fake CBI officials managed to trap the 82-year-old doctor from Tiruvarur district, who ended up losing Rs 1.19 crore.