Stock trading scam: Retired software employee duped of Rs 3 crore in Hyderabad; added to WhatsApp group run by fake brokerage firm CEO

A retired software employee from Lalaguda, Hyderabad, lost Rs 3 crore in an online fraud. He was added to a WhatsApp group and persuaded to invest in Over-The-Counter trading. The fraudsters promised high returns and manipulated a web portal. The victim transferred money to various accounts before realizing the scam.

PNSPNS
Jul 1, 2025 - 04:29
 0
Stock trading scam: Retired software employee duped of Rs 3 crore in Hyderabad; added to WhatsApp group run by fake brokerage firm CEO
A retired software employee from Lalaguda, Hyderabad, lost Rs 3 crore in an online fraud. He was added to a WhatsApp group and persuaded to invest in Over-The-Counter trading. The fraudsters promised high returns and manipulated a web portal. The victim transferred money to various accounts before realizing the scam.

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