A software employee from Vanasthalipuram lost nearly Rs 53.73 lakh in an online investment fraud after responding to a fake stock brokerage advertisement. Fraudsters showed fake profits and displayed Rs 2.4 crore in his account before blocking withdrawal attempts.
The Malkajgiri Cybercrime Police arrested five persons across Gujarat, Kerala, and Tamil Nadu in connection with three online investment frauds. Victims were lured via fake apps and WhatsApp groups, with losses running into crores; Rs 12.54 lakh was refunded.
Hyderabad Cybercrime Police arrested two men from Mumbai for cheating a woman of ₹23.48 lakh through a fake online investment scheme. The accused lured her via a WhatsApp group and used a fraudulent trading app to steal the money.
Cyber criminals are increasingly targeting elderly citizens in Hyderabad, using fake investment, loan, and trading schemes to siphon off large sums. Authorities warn seniors to verify offers, avoid unknown accounts, and seek family support for online financial transactions.
A software engineer in Medipally died by suicide after reportedly losing Rs. 10 lakh in an online scam. In another case, a 19-year-old woman was found dead at her home in Nallakunta. Police have registered separate cases and investigations are ongoing
People began investing in an online investment app, which promised excellent returns. After making heavy deposits following a discount announced, investors realised that the Costa app suddenly went offline
The victim received a phone call from an unidentified person on March 28 informing about a 'Lightning Power Bank' investment plan, which promised high returns in a short period
