08 Aug, 2025
Delhi HC Cracks Down on Fake INDMoney Platforms; Grants John Doe Injunction to Curb Online Fraud
New Delhi, August 8, 2025
The Delhi High Court has stepped in to protect consumers and digital brand identity by issuing a John Doe injunction against unknown entities illegally impersonating the investment app INDMoney.
In its interim order, Justice Manmeet Pritam Singh Arora observed that fake platforms had been falsely using INDMoney’s name and logo across websites, mobile apps, Telegram groups, and even WhatsApp, luring users with bogus investment tips and schemes. These impersonators went as far as misrepresenting themselves as Ashish Kashyap, the company’s founder, to win the trust of potential victims.
The Court noted that these actions were causing financial and reputational harm, stating that innocent users were being manipulated into sharing sensitive information and investing money in fraudulent platforms.
Key Directions from the Court:
• The infringers were restrained from using INDMoney’s brand identity in any form.
• All platforms misrepresenting association with INDMoney were ordered to be taken down.
• The Court emphasized the urgency in preventing consumer deception through impersonation and trademark abuse.
Why It Matters
This order reaffirms the power of John Doe injunctions in tackling cyber fraud, especially when the culprits are unknown. It also highlights how digital platforms must actively safeguard their users and reputation in the online financial services sector.
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