Hyderabad, Mar 12 (Maxim News): Cyber fraudsters duped a woman to the tune of Rs. 1 crore on the pretext of online trading.
As per available information, the complainant from Meerpet, working as a senior manager for a private company, who is aware of online trading, had recently joined an online group consisting of investors and traders on WhatsApp.
There, she was contacted by two persons, Shruthi Bhatia and Prudhvi, who promised to guide her through the process of investment and getting higher returns. Based on their instructions, she had downloaded a few online trading apps and started investing.
She first invested Rs. 10,000, then Rs. 35,000, and Rs. 1.6 lakh. She was shown quick profits and high returns by the suspects. Further, they asked her to join the exclusive VIP Group, where she would be able to make more income. Believing them, the victim joined the group and invested several lakhs. Though the app displayed that she had earned a profit of Rs. 1 crore, she was not able to withdraw it.
Based on a complaint, the Rachakonda Cybercrime police booked a case and took up an investigation. (Maxim News)
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