A 40-year-old Hyderabad man allegedly lost nearly Rs 3.73 crore after fraudsters lured him into a fake investment scheme through a WhatsApp advertisement. He made 1,106 transactions over nine months before the fraudulent website went offline
A cyber fraudster posing as an ACB officer allegedly duped a revenue inspector in Siddipet district of Rs 96,000 by threatening raids over fake complaints. The incident comes days after the ACB trapped the Cheriyal tehsildar in a bribery case.
An insurance agent lost 72 lakh after being duped by a fake WhatsApp stock trading group promising high returns. The victim kept investing until demands for more money arose. Police have launched an investigation.
