Khanapuram Haveli police in Khammam arrested four persons for defrauding investors of Rs 2.73 crore through online multi-level marketing platforms such as BotBro, Minecrypto, and YFX. Investigations revealed Dubai-based Lavish Chaudhary as the mastermind behind the fraudulent network.
Cyber criminals in Hyderabad are duping investors by posing as reputed financial firms on social media, directing them to fake WhatsApp groups and third-party bank accounts. Authorities advise verifying schemes directly with companies and exercising caution before transferring funds.
Woman received a message with a link on WhatsApp promising high returns for investment in online trading. Trapped in the greed for money, she invested Rs 9 lakh, but lost it.
