Online Trading Scam 'Finalto Indus' Wipes Out ₹9 Million From Sri Vijaya Puram Resident

A resident of Sri Vijaya Puram has reportedly lost more than ₹9 million in a sophisticated online investment scam disguised as a stock‑trading opportunity. The Cyber Crime Police Station of the Andaman and Nicobar Islands has registered an FIR and begun an investigation.

According to the complaint, the victim encountered a Google advertisement in July 2025 promoting a platform called ‘Finalto Indus.’ The platform’s fabricated online reviews appeared credible, leading the resident to click through to the site and open a trading account. The platform simulated real‑time stock trades and showed steady “profits” to build trust.

The victim first transferred ₹1 million via RTGS, which the platform displayed as foreign‑currency trading gains. Over the following weeks, reassured by the rising “profits,” the resident made multiple additional transfers, eventually sending around ₹9 million across several bank accounts.

The fraud surfaced when the victim attempted to withdraw the supposed earnings, shown as nearly ₹28 million on the dashboard. The platform promised staggered payouts but released only ₹58,000. During the next withdrawal attempt, the operators claimed an “error” and demanded an additional ₹8 million as a “risk‑control” clearance fee before releasing the funds.

Realising the deception, the victim filed a complaint on India’s National Cyber Crime Reporting Portal in September and later approached the Cyber Crime Police Station to register the FIR.

BrokersView Reminds You

Online investment scams increasingly rely on fake trading dashboards, fabricated profits, and manipulated reviews to create an illusion of legitimacy. 

To protect yourself, verify whether a platform is licensed by a recognised financial regulator, treat guaranteed high returns, additional charges, and pressure to reinvest as major red flags.

If you suspect fraud, stop all payments immediately and report the case to your local cybercrime authority. You can also submit a complaint to BrokersView for public exposure.