A 29-year-old man died by suicide in Uppal, allegedly due to financial losses in online trading. Police said the victim was under severe mental distress and an investigation is underway to determine the exact circumstances behind the incident.
A 38-year-old Asifnagar man lost Rs 27 lakh to a fake online trading app and WhatsApp group fraud. Cybercrime officials registered a case and urged the public to verify platforms, avoid guaranteed-return schemes, and report suspicious activity.
Two men from Pune and Ahmedabad were arrested in Kagaznagar for defrauding the public through fake online trading platforms. Police traced them after three others were arrested earlier. The accused allegedly cheated people of Rs 76.5 lakh using multiple bank accounts
The Hyderabad Cybercrime Police warned citizens about a surge in online trading and investment scams. Fraudsters are cheating victims through fake trading platforms promising high returns. Officials urged the public to stay alert and report suspicious activity to 1930 or cybercrime.gov.in
A 63-year-old man in Hyderabad lost Rs 43 lakh after fraudsters tricked him with fake IPO allotments and trading profits via WhatsApp. They used fake dashboards and threats to extract money. A police case has been registered and investigation is ongoing
2022 was rather a challenging year. Russia’s invasion of Ukraine added to the economic woes triggered by Covid 19, disrupting supply chains and elevating inflation even more.
