Hyderabad Cyber Police Arrest Three in Multi-State Crypto Fraud

A 21-year-old man named Ansari Mohammed Umar Murad, also known as Umar, was arrested by the Hyderabad Cybercrime police for cheating people through online trading.

He tricked a victim from Hyderabad into clicking on an advertisement that looked like it was from the Aditya Birla Group.

The victim was then added to a WhatsApp group where a woman named Aiyana Joseph convinced him to invest money.

The victim installed a fake trading app and shared his bank details.

The fraudsters showed fake profits and asked for more money, but when the victim refused to pay more, the app stopped working.

The victim realized he had lost ₹32 lakh and reported the crime.

Umar and his associates converted the stolen money into a cryptocurrency called USDT and sent it to a Chinese national.

The police also arrested two of Umar's associates, Rishi Thushar Arothe Vikranth and Inamdar Vinayaka Rajendar Nikhil.

The accused were involved in a total of 12 cases across the country.