Hyderabad man loses Rs 3.73 crore in fake investment scheme
Headline by Prism · from 1 report
A Hyderabad resident lost Rs 3.73 crore to an investment fraud scheme initiated through a WhatsApp advertisement.
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Telangana TodayThe brief
Written by software from the 1 report below.
- A 40-year-old employee from Hyderabad was defrauded of Rs 3.73 crore after being lured into a fake investment scheme via a WhatsApp advertisement.
- The victim conducted 1,106 transactions over nine months into a fraudulent platform that displayed fabricated profits.
- He discovered the deception when the website suddenly went offline after he attempted to withdraw his funds.
- The Telangana Cyber Security Bureau is currently investigating the case following a formal complaint.
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English national1
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NamedIndia · Hastinapuram Agriculture Colony · Hyderabad · National Cybercrime Reporting Portal · Telangana Cyber Security Bureau
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