Rs.10 crore from cyber criminals seized, four arrested
Hyderabad, Aug.29 (NSS): Cyberabad police have arrested four cyber criminals from Rajasthan and Uttar Pradesh for allegedly siphoning off crores of rupees in the name of investing and trading through market box app.
Cyberabad Police Commissioner M Stephen Ravindra said that Rs 9.81 crore has been recovered from the accused. This is the first time that such a large amount of cash has been recovered,” he said, while revealing the details of the case to the media on Monday.
“Innocent people are being cheated in the name of business and investment through the Market box app. Four of the 10-member gang have been arrested.Common people were convinced that they would get double returns from the investments.A person invested Rs 62 lakh and lost Rs 34 lakh.
About 3,000 people have subscribed to the app.However, The market box app is not registered with SEBI,” the Cyberabad police chief said.
He also urged people not to believe in phone and mail messages in the name of banks and investment apps. (NSS)
Next Story :
-
Man Found Dead After Falling From Train In Warangal
![Man Found Dead After Falling From Train In Warangal]()
Warangal: A man died after he fell off a running train between Eluguru- Nekkonda railway stations on Sunday. He was aged about 30 years.
-
PM Modi Receives Kuwait’s Highest Honour, 20th International Award By A Country
![PM Modi Receives Kuwait’s Highest Honour, 20th International Award By A Country]()
Prime Minister Narendra Modi was awarded the Wisam Mubarak al-Kabeer, or the Order of Mubarak the Great, by Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, the Amir of Kuwait, on Sunday (December 22).
-
Tension Outside Allu Arjun’s House: JAC Leader’s Agressive Protest
![Tension Outside Allu Arjun’s House: JAC Leader’s Agressive Protest]()
Hyderabad: Tension prevailed at the residence of popular Telugu actor Allu Arjun on Sunday as members of the Osmania University Joint Action Committee (OU JAC) staged a protest demanding justice for Revanth’s family.
-
Students Send Bomb Threats To Schools To Postpone Exams: Check Here What Students Said
![Students Send Bomb Threats To Schools To Postpone Exams: Check Here What Students Said]()
NEW DELHI: Bomb threat emails to at least three schools in Delhi were sent by their own students, Delhi Police said on Sunday.
-
Congress government committed to providing quality education for all: Uttam
![Congress government committed to providing quality education for all: Uttam]()
Hyderabad, December 22: Irrigation and Civil Supplies Minister Capt N Uttam Kumar Reddy reaffirmed the Congress government’s commitment to making quality education accessible to all sections of society. He emphasized the need for government-driven initiatives to uplift disadvantaged groups and address long-standing gaps in the education system.
Now you can get latest stories from Indtoday on Telegram everyday. Click the link to subscribe. Click to follow Indtoday Facebook page and Twitter and on Instagram. For all the latest Hyderabad News updates
