A 66-year-old Kondapur consultant lost Rs 3.54 crore to cyber fraudsters posing on social media and promoting a fake cryptocurrency platform. Telangana Cyber Security Bureau has registered a case and is investigating the multiple identities behind the scam
Apart from L&T’s @ltmhyd account, which has over 37,000 followers, reports said the hacked accounts included MoneyControl (1.4 million followers), People Magazine (7.8 million), and even EUinmyRegion (an account operated by the European Commission), with close to 100K followers.