Matrimonial Romance Turns into ₹2.30 Crore Forex Scam Allegedly Linked to RoboForex Platform

A Surat-based businessman reportedly lost ₹2.30 crore after what began as a matchmaking connection on a matrimonial website developed into a long-running cyber fraud involving fake identities, emotional manipulation, and a forex trading narrative that investigators say ultimately spanned multiple Indian states and extended into Nepal.

The Setup: A Perfect Match That Wasn’t Real

The case began on a matrimonial platform, where the victim connected with a woman using the name “Jigyasa Kapoor.” She appeared well-educated, financially literate, and emotionally compatible — a profile later described by cyber investigators as entirely fabricated and designed to target financially stable individuals.

After initial conversations, communication shifted to a private messaging app, where trust deepened over time. Authorities later stated the identity was part of a structured fraud operation aimed at grooming victims over weeks.

The Pivot: Romance Turns into “Forex Opportunity”

Once emotional trust was established, the conversation shifted toward financial opportunities. The impersonated persona allegedly introduced forex trading tips and directed the victim toward a trading platform referenced in the case as RoboForex.

The victim was first encouraged to invest a small amount of ₹50,000. Early “profits” were reportedly shown and partially withdrawable, a common tactic used to build credibility.

Encouraged by these early returns, the victim gradually increased his investments over time. According to the case details, additional deposits were justified through continuous guidance and reassurance from the fraudster.

By the time the scheme collapsed, the total loss had reached approximately ₹2.30 crore, with no successful recovery of funds.

The Money Trail: A Multi-State Mule Network

Investigators later traced the flow of funds through a layered network of mule bank accounts spanning Gujarat, Rajasthan, Delhi, and Nepal.

The financial trail reportedly began with an account registered under a firm name and passed through multiple intermediaries who handled “banking kits” — including account credentials, SIM cards, and documents — before the money was routed further across borders.

Authorities describe this structure as a typical laundering chain used in large-scale cyber frauds, designed to obscure the origin and destination of funds.

Several individuals have been arrested in connection with the case, including alleged bank account holders and suppliers operating across Rajkot, Anand, and nearby regions. Police reportedly seized mobile phones and forged identity documents during the investigation.

Investigators found that at least one of the mule accounts involved had been linked to dozens of cyber fraud complaints across India, involving significant total financial flows. This highlights how a single account can be reused across multiple scams before being detected and shut down.

BrokersView Reminds You

The case serves as a reminder that emotionally driven online relationships and investment advice, especially when linked together, can be part of coordinated fraud operations designed to extract funds gradually and repeatedly over time.

If you suspect you have encountered a fraudulent platform or are facing withdrawal obstacles, please preserve all chat logs and trading screenshots. File complaints with authorities. Or you can promptly submit a complaint to BrokersView, and we will assist you in reporting the situation to the relevant regulatory authorities.