Latest news with #HyderabadCybercrimePolice
The Hindu
05-07-2025
- The Hindu
Two held in ₹3.79 lakh online investment scam
The Hyderabad Cybercrime Police arrested two men from Karimnagar and Nirmal for defrauding a 52-year-old woman of ₹3.79 lakh in an online investment scam. The accused, identified as L. Anand Reddy and E. Laxma Reddy, lured the victim through a fake trading application by promising high returns on investment, said an officer from the cybercrime wing, adding that the woman, a resident of Troopbazaar, had filed a complaint after realising she had been conned. According to the complaint, the victim came across a Facebook advertisement in May promoting a trading platform. Upon clicking the link, she was redirected to a WhatsApp group operated by individuals identifying themselves as Ashish Kehair and his assistant Kangana Sharma. Kangana Sharma contacted her persistently via phone and WhatsApp, convincing her that the platform was a secure and profitable investment channel. 'Investigation revealed that the scam operated by making initial contact through social media platforms such as WhatsApp and Telegram. The accused impersonated representatives of reputed companies and used professional language to gain the victim's confidence. Fake trading applications and websites were used to show manipulated profits. Once money was transferred, the scammers blocked the victim and cut off all communication,' said the officer. E. Laxma Reddy was the account holder through which the victim's money was routed. L. Anand Reddy, meanwhile, played a key role in orchestrating the fraud by acquiring multiple bank accounts from local individuals, which were then used as mule accounts. These accounts, along with associated cheque books and internet banking credentials, were used to move and withdraw the stolen funds. The money was collected after inducing victims with fake investment offers. Victims of cyber fraud are advised to dial 1930 or report incidents on for immediate assistance.
The Hindu
16-06-2025
- Business
- The Hindu
Hyderabad man duped of over ₹1 lakh in job scam
A 36-year-old man from Hyderabad was duped to the tune of ₹1.11 lakh by a fraudster who posed as a senior official at a fictitious company. The Hyderabad Cybercrime Police booked a case. According to the police, the victim had shared his resume with friends in search of employment opportunities. One of them forwarded a phone number he had received from a third party, suggesting that the contact might have job openings. Trusting the lead, the victim contacted the number and was introduced to a man who identified himself as the Admin Director of a firm named 'Intel Lie Company'. The caller claimed that the company had job vacancies with salary packages between ₹25 lakh to ₹30 lakh per annum. He told the victim that his current financial profile did not meet the offer criteria and advised him to revise his previous year's Income Tax Return (ITR). He offered to facilitate the amendment through his chartered accountant and asked the victim to transfer ₹38,000 to a given bank account. Over the next few days, the fraudster continued to demand additional payments under various pretexts. The victim transferred ₹36,000 to a second account and ₹37,000 more for what was described as a mandatory 'Gold SIP' to secure the position. After receiving the total amount of ₹1,11,000, the alleged recruiter stopped responding, and his phone has remained switched off since May 28, 2025. Authorities warn that scammers often pose as HR officials or company executives and exploit referrals from friends or messages on WhatsApp to gain trust. Police are urging the public to always verify job offers through official websites and company HR departments.
