A 75-year-old man from Hyderabad lost Rs 1.68 crore to cyber fraudsters who duped him through a fake trading website promising high returns. After repeated transfers, he realised the scam when he was unable to withdraw his “profits"
Nagaraju Devu reportedly contacted the complainant, a trader from Hyderabad, offering a business loan; he cheated the complainant in the guise of various fee payments for processing the loan
