A businessman in Noida, Uttar Pradesh, lost his entire life savings of over ₹6.5 crore after being duped by a woman he met on a dating app, who lured him into investing in a fraudulent online trading scheme.
The victim, identified as Daljit Singh, a resident of Noida’s Sector 36 and owner of a Delhi-based firm, filed a complaint with the Cyber Crime Police on Wednesday. According to multiple media reports, Singh had joined a dating app in hopes of finding love again after his divorce. In December 2024, he connected with a woman named Anita Chauhan, who claimed to be from Hyderabad.
As their conversations deepened, Chauhan convinced him to invest in an online trading platform, assuring him that prior experience was unnecessary. Singh initially invested ₹3.2 lakh and saw a profit of ₹24,000, which he successfully withdrew, strengthening his trust in the scheme.
Encouraged by the early gains, Singh went all in, investing ₹4.5 crore of his savings and even taking a ₹2 crore loan on Chauhan’s advice. Over time, he transferred the total ₹6.5 crore across 25 bank accounts through 30 different transactions.
The fraud came to light when Singh attempted another withdrawal and was informed he needed to pay a 30% processing fee and an additional ₹61 lakh for exchange services. When he refused, Chauhan cut off all contact, and two of the three trading websites she had recommended vanished.
Realizing he had been scammed, Singh filed a police complaint. Investigators later discovered that Chauhan’s dating app profile was fake, and efforts are now underway to trace the accounts where the money was transferred.
