74-Year-Old Bengaluru Man Loses Rs 1.33 Crore In Fake IPO Scam

Monday, 24 November 2025Newsdesk

Shivakumar, on September 21, filed a complaint saying that Mahesh neither returned the invested money nor provided the promised profits, leading him to realise that he had been defrauded.

New Delhi 24 November 2025

As per news report of NDTV,A 74-year-old man from Bengaluru lost Rs 1.33 crore to a fraudster posing as a representative of a wealth management company. The man, identified as Shivakumar, was browsing online when he came across the website 'Anand Rathi Wealth Limited'. He dialled the number displayed on the site through WhatsApp and spoke to a man identifying himself as Ankith Mahesh. The fraudster reportedly shared information about high-profit schemes and instructed the complainant to download an application through the link - [https://anewadmini.top](https://anewadmini.top).

Source - NDTV