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₹2.65 Crore Cyber Fraud in Hyderabad
A 69-year-old businessman from Hyderabad was allegedly duped of ₹2.65 crore in an online investment scam.
The victim, a resident of Somajiguda, approached the Hyderabad Police cybercrime unit after realising he had been cheated.
A woman identifying herself as Ramya Krishnan contacted him via social media
She claimed to be investing in “Polyus Finance (PFP Gold)” and said she had invested ₹50 lakh with high returns
She later encouraged him to invest in her upcoming resort and apparel business projects in Kerala and Hyderabad
Trusting her, the businessman transferred large sums to bank accounts provided by her
To build trust, the fraudster allegedly asked him to withdraw ₹50 as a test transaction
Police have registered a case and launched an investigation.
⚠️ Authorities have advised citizens to verify online investment schemes carefully and avoid transferring money to unknown individuals promising high returns.
@azharAlam
#cyberfraud #hyderabad #online
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