In 2025 alone, Indians lost ₹22,495 crores to cyber fraud.
Surprisingly, a large number of victims are senior citizens.
Why does this happen?
Is it FOMO (Fear of Missing Out)?
Or is it Greed for higher returns?
Most victims are not poor or uninformed.
In fact, many of them have already accumulated significant wealth.
The real problem is this:
After building wealth over decades, many people drop their guard when an opportunity promises quick or extraordinary returns.
And that is exactly where fraudsters trap them.
Remember this simple rule:
Earning money is difficult.
Losing money is very easy.
Before investing in anything, always ask two important questions:
1️⃣ Is the product regulated?
2️⃣ Is my capital protected?
If the answer is unclear, walk away.
Do not risk your hard-earned money chasing unrealistic returns.
First build wealth.
Then protect it.
Because in finance, wealth protection is as important as wealth creation.
R. Vikram Singh
Retirement Planning Specialist
Vikram Insurance & Investment Services