A woman living in Garacharma, Sri Vijaya Puram, has reportedly lost over ₹34 lakh due to an online financial scam involving a suspected fraudulent investment platform. The Cyber Crime Police Station in South Andaman filed a First Information Report (FIR) regarding the incident on July 11, 2025, after receiving a written complaint from the victim.
According to the FIR, the complainant indicated that on June 1, 2024, while at her home, a friend recommended that she invest in a company named Fiovation XCritical Black. Following this advice, she searched for the name on Google and registered on the platform on June 5, 2024.
Shortly after her registration, she received a call from an individual who introduced himself as Ethan Hudson. He detailed how the investment process functioned and assisted her throughout the procedure. Later, she also interacted with another individual named Siraj via Skype.
On June 11, 2024, she made her initial investment of ₹37,170.18 through UPI. Convinced of the legitimacy of the process, she proceeded to invest a cumulative total of ₹34,09,200 through various UPI and NEFT transactions. The FIR included a list of over 50 separate transactions, with amounts varying from ₹10,000 to ₹2.5 lakh.
As per the complaint, on June 29, 2025, the woman realized that all her cryptocurrency assets stored in the Trust Wallet application had been transferred to an unidentified account. Upon understanding that she had been a victim of fraud, she lodged her complaint with the Cyber Crime Police Station.
The FIR has been filed under Section 318(4) and Section 319(2) of the Bharatiya Nyaya Sanhita (BNS), 2023.The complainant also noted that she had previously submitted formal complaints through the National Cyber Crime Reporting system.
