An elderly Hyderabad resident allegedly lost Rs 33.39 lakh after responding to an Instagram advertisement promising profits from online trading. A woman claiming to represent a trading firm allegedly persuaded him to invest. Cybercrime police have registered a case and are investigating.
Khammam cybercrime police arrested a man from Visakhapatnam for cheating a physiotherapist of Rs.30 lakh through fake online trading schemes. The accused used social media platforms to lure the victim with promises of high returns and was remanded to judicial custody
A 75-year-old man from Hyderabad lost Rs 1.68 crore to cyber fraudsters who duped him through a fake trading website promising high returns. After repeated transfers, he realised the scam when he was unable to withdraw his “profits"
A Hyderabad man lost Rs 6.32 lakh after being tricked by fraudsters on Facebook and WhatsApp who promised profits from US Gold Stock trading. Police have registered a case and warned people against trusting unknown investment offers and fake apps
Hyderabad Cybercrime Police arrested two men from Gujarat for duping a city resident of Rs 32 lakh through a fake trading app. The accused, including a former Ranji player, are linked to 12 similar fraud cases across multiple States
Police uncovered a huge scam in Assam last week involving online trading totalling Rs 2,200 crore. The two prime accused -- Bishal Phukan of Dibrugarh and Swapnanil Das of Guwahati were arrested by the police from their residences.
