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₹73.72 Lakh Gone! Elderly Man in Mumbai Meets Woman on Dating App, Gets Duped in Gold Trading Fraud

NAVI MUMBAI, MAHARASHTRA, INDIA, JUL 7 – A woman used a dating app to lure a Navi Mumbai man into investing Rs 73.72 lakh in a fake gold trading scheme promising high returns before disappearing.

  • A 62-year-old resident of New Panvel in Navi Mumbai was reportedly defrauded of Rs 73.72 lakh in June 2025 after being convinced by a woman he met on a dating app to invest in a gold trading scheme.
  • Between March and May 2024, the woman known as Zia contacted the man and convinced him to put money into a gold-related trading opportunity promising substantial profits, encouraging him to use a particular trading application.
  • The man invested the amount over a three-month period but began to doubt the legitimacy of the scheme after he received no returns, and the woman stopped responding to his inquiries before cutting off all contact.
  • On July 4, the police registered a case citing sections 420 and 34 of the Indian Penal Code, along with applicable clauses of the Information Technology Act, and initiated efforts to trace the digital evidence to identify the accused.
  • This incident reflects ongoing risks of online scams involving dating apps combined with fraudulent investment schemes and prompted police investigation into the digital evidence.
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Lean Left

An online advertisement for profitable investments was so convincing to a senior citizen from Lipník nad Bečvou in the Přerov region that he lost his caution and was lured by fraudsters. He later came to his senses, but they had already robbed him of 100,000 crowns. He therefore reported everything to the police, who are now investigating the matter.

Lean Right

A woman met an elderly man from Mumbai on a dating site and duped him of Rs 73.72 lakh by promising him huge profits in gold trading. The woman contacted him on WhatsApp and got him to invest and later broke off the contact. The police have registered a case under sections of fraud and IT Act and started investigation.

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it-daily.net broke the news in on Monday, July 7, 2025.
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