India, Aug. 3 -- A 58-year-old woman from Santacruz East, who had retired from a leading multinational bank, was cheated to the tune of Rs.4.6 crore by cyber fraudsters posing as executives of a wealth management company. The police said they befriended her in June via WhatsApp and phone calls, promising handsome returns.

The complainant retired as a manager from the bank and lives with her husband in Kalina, Santacruz East, where the two survive on pensions. According to the police, one of the accused sent her a WhatsApp message on June 28, 2025, claiming to be the personal assistant of the founder of a leading wealth management firm in the city. The accused offered to facilitate her stock market investments and asked her to install a m...