A software professional from Golconda was allegedly cheated of Rs 1.55 crore by cyber fraudsters who lured him with fake stock market investment offers through WhatsApp. Hyderabad Cybercrime Police registered a case and launched an investigation.
A Hyderabad native working in the United States was allegedly cheated of Rs 10.3 crore by a couple who promised high returns through a fake casino venture. Police registered a case and are probing the role of two more suspects.
Nalgonda police have arrested four agents linked to a Rs 57 crore Ponzi-style scam led by Ramavath Balaji Naik. Over 2,500 tribal wage earners were defrauded through false promises of high returns.
Hyderabad Police registers case after the video falsely shows Owaisi promoting the scam which promises daily returns of Rs 53,000; video also features AI-generated clips of Union Finance Minister Nirmala Sitharaman, industrialist Mukesh Ambani, Infosys founder Narayana Murthy
The Cyberabad police arrested Manish Gyan Chand who had provided his bank account to cyber fraudsters who used it to dupe a man of Rs. 2.92 crore on the pretext of providing huge profits on investment in various businesses.
