Bengaluru Woman’s Kitty Party Scam: 30 Women Lose ₹5 Crore

A shocking tale of betrayal has emerged from Bengaluru, where a seemingly harmless kitty party circle became the stage for a sophisticated financial scam. Savita G, 49, and her accomplice Puneet P are now under arrest, accused of defrauding 30 women of over ₹5 crore.

Building Trust, Breaking Promises

Savita skillfully cultivated trust within her social circle, primarily targeting affluent women. She lured them with promises of lucrative investments in gold imports and real estate, dangling the enticing prospect of doubling their money – a classic “paisa double” trap.

The Kitty Party Facade

Leveraging the familiar comfort and camaraderie of kitty parties, Savita presented her investment schemes as exclusive opportunities. Her victims, many of whom were friends and acquaintances, believed they were investing in legitimate ventures. However, the reality was far more sinister. Investigators now believe Savita was operating an illegal chit-fund business, using the invested funds to pay off earlier investors while pocketing a substantial portion for herself and her accomplice.