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Reading: ‘Tea chat to cheat’: Bengaluru con lady dupes 30 ladies in ₹5 crore fraud by internet hosting kitty events
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StockWaves > Business > ‘Tea chat to cheat’: Bengaluru con lady dupes 30 ladies in ₹5 crore fraud by internet hosting kitty events
Business

‘Tea chat to cheat’: Bengaluru con lady dupes 30 ladies in ₹5 crore fraud by internet hosting kitty events

StockWaves By StockWaves Last updated: July 12, 2025 3 Min Read
‘Tea chat to cheat’: Bengaluru con lady dupes 30 ladies in ₹5 crore fraud by internet hosting kitty events
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A 49-year-old Bengaluru lady, Savita G has been arrested for allegedly defrauding practically 30 ladies in her social circle of over ₹5 crore by means of fraudulent funding schemes.

Additionally Learn:₹40 crore fraud flees to Kenya. Here is what traders say”> What’s Bengaluru chit fund rip-off? Couple behind ₹40 crore fraud flees to Kenya. Here is what traders say

In response to a report by the Instances of India, she was taken into custody alongside along with her alleged confederate, Puneet P, by Bengaluru police earlier this week.

Savita, now in police custody alongside along with her affiliate Puneet P, is accused of duping ladies by convincing them to take a position giant sums in purported gold import offers, actual property ventures, and personal media contracts, in line with police experiences.

Additionally Learn:₹1.8 lakh – Here is how you can keep protected”> Bank card rip-off alert: Man duped of ₹1.8 lakh – Here is how you can keep protected

Two FIRs have been registered towards Savita. One at Govindaraja Nagar and one other at Basaveshwaranagar police stations. Investigating officers said that Savita particularly focused ladies from financially well-off backgrounds beneath the guise of high-return funding alternatives.

“She reached out to ladies on social media, particularly these with energetic social lives and disposable incomes. Savita claimed she imported gold from overseas and provided to double their cash by means of actual property investments and enterprise ventures,” in line with a report by the Indian Categorical, citing an investigating officer.

Additionally Learn: Haryana man busted for luxurious lodge rip-off — duped vacationers with faux website, flashy offers, and UPI traps

She reached out to ladies on social media, particularly these with energetic social lives and disposable incomes.

Savita typically hosted kitty events at her house or different areas to achieve the belief of potential victims. At these informal occasions, she would make grand claims about having insider entry to low-cost international gold, unique TV contracts, and profitable actual property offers that allegedly provided spectacular returns.

The Indian Categorical reported, citing a police officer, that Savita had posed for pictures with a number of politicians, together with the chief minister and deputy chief minister, in addition to with movie personalities and different celebrities. “A music director from the movie business might also be linked to the rip-off. The matter is beneath investigation,” the officer added.

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