Hyderabad Cyber Crime Police recover & return ₹1.05 crore to online scam victim
The Hindu
Hyderabad Police recover ₹1.05 crore of ₹1.22 crore lost by victim scammed by online fraudsters, issue advisory on fake investment schemes.
The scammers convinced him to transfer ₹1,22,26,205 to their bank accounts, said police
The Hyderabad Cyber Crime Police recovered and returned ₹1.05 crore to a victim who was defrauded by online scammers. The 52-year-old victim was convinced to transfer ₹1.22 crore in a trading fraud.
Police said that the man, a private employee from Hyderabad, reported that he was lured into investing in a fake trading platform with promises of high returns. “The scammers convinced him to transfer ₹1,22,26,205 to their bank accounts,” said the police.
Taking swift action, the Hyderabad Cyber Crime Police registered a case and made efforts, including contacting bank officials to freeze the fraudulent accounts, and guided the victim through the legal process of filing a court petition to retrieve his money. This resulted in a court order directing the return of ₹1.05 crore to the victim’s account.
The Hyderabad Police issued a public advisory urging citizens to be cautious of fake investment advertisements on social media platforms like Telegram, WhatsApp, Instagram, and Facebook. These scams often promise unrealistic returns with minimal risk.
The Hyderabad Police encourage victims of cyber fraud to report the crime immediately by dialing 1930 or visiting the official portal http://cybercrime.gov.in. This prompt action can significantly increase the chances of recovering lost funds.
Congress criticizes PM Modi's destructive economic policies, accusing his government of causing financial turmoil and stealing women's mangalsutras.
The Karnataka government’s decision to implement a 15% hike in bus fares across all four State-run transport corporations, effective on January 5, has sparked widespread dissatisfaction among commuters. Many expressed concerns over the increased financial burden, particularly daily travellers who rely heavily on public transport.
Urban Development Minister orders inquiry into Smart City projects due to allegations of unsatisfactory work in six cities.
The success of the Music Academy's December season was highlighted by audience participation and T.M. Krishna's impactful performances.
Nightmare NH 48 Chennai-Bengaluru road delays due to fly ash shortage, incomplete stretches, and lack of signage. New contractor hired.
Karnataka High Court orders NHAI to return land to owner due to lack of property details in acquisition notification.
BRS MLC K. Kavitha criticizes Congress government for anti-farmer policies, demands unconditional support under Rythu Bharosa scheme.
Union Home Minister Amit Shah highlights the impact of Article 370 on Kashmir's youth, terrorism, and historical narratives in new book.
Andhra Pradesh will continue to witness above-normal minimum temperatures and normal to above-normal maximum temperatures in January, as per the rainfall and winter outlook released by the India Meteorological Department (IMD) on January 1, Wednesday, for the first three months of 2025.
Mayor R. Priya launches drive to resolve civic issues by visiting residents in each ward, improving coordination with agencies.
Manastu Space successfully test fires green propulsion system VYOM 2U onboard PSLV POEM-4, marking a milestone in sustainable space propulsion.