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Man loses Rs 29 lakh while trying to buy iPhone on Instagram

  • A man in New Delhi was allegedly scammed of Rs 29 lakh while trying to purchase iPhones on Instagram.
  • He was lured in by massive discounts and contacted previous buyers to confirm the page's authenticity before making the purchase.
  • The sellers asked for an advanced payment of Rs 28,000 and requested additional funds for customs and taxes, resulting in a total payment of Rs 28,69,850.
  • An FIR has been filed, highlighting the growing trend of cybercrimes and online payment fraud in India.

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