Mohali Surgeon Loses Rs 91 Lakh in Online Trading Scam

A senior surgeon working at a well-known hospital in Mohali has been cheated out of around Rs 91 lakh in an online trading scam. The doctor filed a complaint with the Punjab State Cyber Crime Cell after discovering he had been tricked by cyber fraudsters posing as investment agents.

According to the complaint, the doctor received an email from a Hyderabad-based company claiming to be “S&W Aubrey Capital Management Investment Funds.” Soon after, he was added to a WhatsApp group named MK-S&W India VIP-67080. Members of the group promised him daily profits if he invested in their online trading platform.

From February 19, 2025, until the last week of May, the doctor sent money through UPI, RTGS, and bank transfers. The funds were transferred to multiple bank accounts, including HDFC Bank, Bandhan Bank, and Bank of Baroda.

However, when the doctor tried to withdraw his supposed profits, his account was suddenly deleted, and all communication with the group stopped.

Acting on the complaint and the evidence provided, the police have registered a case against unknown individuals under sections 318(4) and 61(2) of the Bharatiya Nyaya Sanhita (BNS), 2023, as well as sections 66(C) and 66(D) of the Information Technology Act, 2000.

The Cyber Crime Cell has launched a full investigation and has issued a public warning, urging people to be careful while dealing with unknown online investment schemes.

“The matter is under thorough investigation, and strict legal action will be taken against those involved,” said an official from the Cyber Crime Cell.