Archive · 25 Aug 2026
Hyderabad Software Professional Loses Rs 1.5 Crore
A woman working in Hyderabad met a man named Gautam online.
They became acquainted through Snapchat.
He told her that he was a technology professional and had lost money in cryptocurrency.
The woman gave him Rs 10 lakh to help him.
He then allegedly kept asking for more money.
He also reportedly threatened to die if she refused.
She eventually gave him nearly Rs 1.5 crore and felt unable to continue.
She reported the matter to the cybercrime police, who started an investigation.
A software professional from Vijayawada allegedly lost nearly Rs 1.5 crore in an extortion case.
She met Gautam through Snapchat, where he presented himself as a technology professional.
Gautam reportedly claimed he had invested Rs 50 lakh in cryptocurrency and had been cheated.
After she initially gave him Rs 10 lakh, he allegedly demanded more money and threatened to die.
The woman later approached cybercrime police, who registered a complaint and began investigating.
- Who
- A software professional from Vijayawada and a man identified as Gautam.
- What
- The woman allegedly lost nearly Rs 1.5 crore after repeated monetary demands and threats.
- When
- The articles do not specify when the transfers or complaint occurred.
- Where
- The woman worked in Hyderabad, and she approached cybercrime police.
- Why
- She reportedly gave money after Gautam claimed he had lost cryptocurrency investment funds and threatened to die if she did not pay.
- Reported loss
- Nearly Rs 1.5 crore
- Initial payment
- Rs 10 lakh
- Claimed investment
- Rs 50 lakh in cryptocurrency
- Online platform
- Snapchat
- Victim's occupation
- Software professional
- Police action
- A complaint was filed and an investigation began