The fraud began on July 29, when the victim received a call from a woman identifying herself as Deepthi, who claimed to represent a trading company.
Hyderabad: A 35-year-old businessman from Kompally lost Rs.95.88 lakh in a credit card and investment scam, prompting him to file a complaint with the Cyberabad cyber crime police.
The fraud began on July 29, when the victim received a call from a woman identifying herself as Deepthi, who claimed to represent a trading company. She offered an exclusive, invitation-only credit card and convinced him to invest in block trading, upper circuit stocks and IPO allotments. To appear credible, the scammers used forged emails and a fake domain mimicking a legitimate trading platform.
Lured by promises of high returns, the victim transferred Rs.99.94 lakh to a fake investment portal, hoping to earn Rs.2.5 crore. He received Rs.4.05 lakh initially, which was likely intended to gain his trust. He was then told to deposit another Rs.50 lakh to unlock further “virtual profits.”
Later that evening, he was informed that his credit card offer had been approved, but verification was needed. He received a courier containing a device and, following instructions, inserted his SIM card into it. This step compromised his mobile data access.
The next morning, he discovered 12 unauthorised credit card transactions amounting to Rs.12.6 lakh. His bank immediately froze his accounts and disabled net banking. Upon further inspection, he found suspicious APK files on his phone and performed a factory reset.
Preliminary findings suggest that the scammers used fake domains, tampered with UPI and banking links and operated through multiple WhatsApp numbers. The victim has submitted details of the fake website and suspect accounts to police and sought urgent legal action.
Theft reported at Kushaiguda site
Hyderabad: A theft of electrical material was reported at an under-construction site in Kushaiguda after the site supervisor noticed missing items during his morning inspection.
The complainant, Manapati Balaraju, overseeing construction at Plot No. 114, stated that when he left the site, all materials were intact. Upon his return, he discovered that electrical wires connected to the switchboard, the switchboard box itself and stored copper wires were missing.
Balaraju suspected that unknown persons may have entered the site during the night. He initially attempted to trace the missing materials on his own, resulting in a delay in lodging the complaint. Kushaiguda police have registered a case and begun an investigation.
