Tarun Karthick
Sri Vijaya Puram, 14 July 2025
A woman residing in Garacharma, Sri Vijaya Puram, has allegedly lost more than ₹34 lakh in an online financial fraud involving a suspected fake investment platform. The Cyber Crime Police Station in South Andaman registered an FIR in the matter on July 11, 2025, following a written complaint submitted by the victim.
As per the FIR, the complainant stated that on June 1, 2024, while at her residence, a friend suggested she invest in an entity called Fiovation XCritical Black. Acting on the suggestion, she searched the name on Google and registered on the platform on June 5, 2024.
Shortly after registration, she received a call from a person who identified himself as Ethan Hudson. He explained how the investment worked and guided her through the process. Subsequently, she also communicated with another person named Siraj via Skype.
On June 11, 2024, she made her first investment of ₹37,170.18 via UPI. Believing the process to be legitimate, she went on to invest a total amount of ₹34,09,200 through a series of UPI and NEFT transactions. A list of more than 50 individual transactions was enclosed with the FIR, with amounts ranging from ₹10,000 to ₹2.5 lakh.
According to the complaint, on June 29, 2025, the woman discovered that all her cryptocurrency assets stored in the Trust Wallet application had been transferred to an unknown account. Realizing she had been defrauded, she submitted her complaint to the Cyber Crime Police Station.
The FIR has been registered under Section 318(4) and Section 319(2) of the Bharatiya Nyaya Sanhita (BNS), 2023.
The complainant also mentioned that she had submitted formal complaints earlier via the National Cyber Crime Reporting Portal.
