Anantapur doctor loses Rs 98 lakh in online trading scam

Rumela De Sarkar

Anantapur doctor loses Rs 98 lakh in online trading scam

Written By : Rumela De Sarkar Published On 2026-03-05T13:50:10+05:30 | Updated On 5 March 2026 1:50 PM IST

Doctor Duped of Nearly Rs 1 Crore in Online Investment Scam

Anantapur: A doctor from the Government General Hospital (GGH) in Anantapur reportedly lost Rs 98.24 lakh in an elaborate online trading scam, highlighting the increasing threat of cyber fraud targeting healthcare professionals.

According to the news reports, the doctor received a voice message on December 15 from a woman, a trading and financial analyst with Goldman Sachs. She persuaded the doctor to invest in the platform with promises of high returns. Over a period of two months, the doctor reportedly transferred money in phases from his bank accounts, totalling Rs 98.24 lakh.

Although his online wallet later displayed Rs 2.20 crore, when he attempted to withdraw the funds, there was no response. The doctor then lodged a complaint with Two Town police, who have registered a case.

Also Read:90-year-old retired Air Force doctor loses Rs 2.5 crore in digital arrest

In a separate incident, a Panchayat Raj engineer from Anantapur lost Rs 88.36 lakh in a similar scam. The engineer had joined a WhatsApp group linked to the website Stock.corapro.com, where members shared tips on profitable investments.

Speaking to Deccan Chronicle, Anantapur SP P. Jagadish has cautioned people to be aware of such cyber frauds. The SP pointed out that last August, a Rayadurg-based software engineer lost nearly Rs 1 crore in the name of online trading. Investigations then led to the arrest of a five-member gang from Delhi.

Also Read:Another doctor falls victim to investment scam, Rs 2.5 crore defrauded

Medical Dialogues had previously reported that, following the recent stock market investment scam involving a Hyderabad doctor, another doctor from Visakhapatnam (Vizag) has allegedly lost Rs 2.5 crore in a similar fraud. The doctor stated that the scammers pretended to be stock market experts and lured him with promises of high returns. The 45-year-old doctor approached the Vizag Cyber Crime police and filed a complaint.

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Rumela De Sarkar

With a keen interest in storytelling and a dedication to uncovering facts, Rumela De Sarkar joined Medical Dialogues as a Correspondent in 2024. She holds a Bachelor’s degree in English Literature from the University of North Bengal. Rumela covers a wide range of healthcare topics, including medical news, policy updates, and developments related to doctors, hospitals, and medical education