Hyderabad: Woman who duped people of crores of rupees posing as NRI entrepreneur arrested

The arrested woman, P Indira Devi Reddy, a resident of Nallagandla, Serilingampally, introduced herself as an NRI entrepreneur and collected money from people towards investment in various businesses.

Hyderabad: A 29-year-old woman who allegedly duped people of crores of rupees on the pretext of high profits on investments made in different businesses, was arrested by the Cyberabad police.

The arrested woman, P Indira Devi Reddy, a resident of Nallagandla, Serilingampally, introduced herself as an NRI entrepreneur and collected money from people towards investment in various businesses.

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“She duped a man of Rs. 3.06 crores offering high profits to him. Also, she conned him and took two cars and three mobile phones from him,” said DCP (EOW) Cyberabad, K Prasad.

The victim S Sathyanarayana, had made a complaint with the police and a case was registered against Indira Devi.

The police advised people not to become victims of fraudsters who are luring with promises of high returns on investment.