"investment-fraud"

Accused MK Tamilagan dupes Khammam man of Rs 9.25 lakh on the pretext of offering him an online job as well as offering investment opportunities

The suspect is involved in a total of nine cases across India

A 56-year-old victim from Hyderabad was duped by the fraudsters

He is involved in 30 cases across India, including four cases in Telangana

Under Hyderabad Police Commissionerate limits, the incidence of cybercrimes increased by 24% this year; cops say cyber security is no longer just a policing duty now, but a collective responsibility

The cyber fraudsters also recruit Telugu-speaking people to target gullible people rural areas of the State

Around 650 cyber fraud cases pertained to investment fraud with the amount lost said to be around Rs 22.60 crore followed by 672 cases of customer care fraud (Rs 5.6 crore) and 572 cases of advertisement fraud (Rs 4.90 crore)

Hyderabad: The Cybercrime police on Tuesday arrested a person, Imran for his alleged involvement in the investment fraud scam. Imran, a native of Mumbai had obtained bank accounts from three persons Syed Sultan, Mirza Nadeem Baig and Parvez after paying them money and handed the account credentials to the masterminds of the investment fraud. Initially, […]