Archive · 16 Dec 2025

Hyderabad Man Loses Rs 75 Lakh in Online Betting Fraud

Hyderabad Man Loses Rs 75 Lakh in Online Betting Fraud

A 32-year-old man from Hyderabad lost a lot of money, Rs 75 lakh, to online fraudsters over four years.

The fraudsters first contacted him in 2021 through WhatsApp, pretending to be from an online betting platform.

They promised easy profits and initially gave him small wins to gain his trust.

He deposited Rs 10,000 at first, then more money, and eventually lost Rs 10 lakh.

In 2022, the same fraudsters contacted him again, and he trusted them despite his previous loss.

Between 2022 and 2025, he deposited Rs 75 lakh across several online betting websites and lost all of it.

The man has reported the fraud to the Hyderabad cybercrime police, who are investigating the case.

Sources