Archive · 23 Jul 2026
Google Investigates Fraud Linked to Investment Apps
Google is looking into reports of fraud involving investment apps on its Play Store.
The police in Hyderabad, India, have accused the head of Google India in some cases.
Google says only one app was on their store and it followed their rules.
Three people say they lost a lot of money using these apps, which they thought were safe because they were on the Play Store.
The police are asking Google for more information about these apps.
Google investigates fraud linked to investment apps on Play Store.
Hyderabad Cyber Crime Police name Google India head as co-accused in three complaints.
Only one app mentioned in cases was available on Play Store, claims Google.
Complainants allege losses totaling Rs 48.79 lakh due to fraudulent apps.
Google reviews legal removal requests and complies with local laws.
- Who
- Google and Hyderabad Cyber Crime Police
- What
- Investigation into fraudulent investment apps on Google Play Store
- When
- Wednesday (specific date not mentioned)
- Where
- Hyderabad, India
- Why
- Allegations of cyber fraud linked to investment apps available on Google Play Store
Google's Stance
Complainants' Allegations
App Availability and Compliance
Google's Stance
Google claims only one app was on Play Store and it complied with financial services policy.
Complainants' Allegations
Complainants allege Google failed to prevent fraudulent apps from appearing on its platform.
- Companies Involved
- Location
- Hyderabad, India
- Total Loss Alleged
- Rs 48.79 lakh
- Legal Actions
- Cases filed under Bharatiya Nyaya Sanhita (BNS) and IT Act
- Google's Response
- Launched immediate investigation, claims compliance with policies