Archive · 27 Oct 2025
Hyderabad Man Loses ₹10.21 Lakh in Online Trading Scam
A man in Hyderabad was tricked into an online investment scam.
A person on Facebook, pretending to be from the UK, befriended him and convinced him to invest in online trading.
The victim initially transferred small amounts, seeing fake profits.
Encouraged, he invested a large sum.
When he tried to withdraw money, the transaction failed, and he was asked for more money.
Realizing it was a scam, he reported it to the police.
The police advise caution against unknown investment offers and emphasize the importance of verifying platforms before investing.
A man from Langer House lost ₹10.21 lakh in an online trading scam.
The fraudster posed as a woman from the UK on Facebook.
The victim was initially shown small profits to gain trust.
He transferred money to various UPI IDs and bank accounts.
The victim was asked for more payments when trying to withdraw funds.
- Who
- 42-year-old man from Hyderabad
- What
- Lost ₹10.21 lakh in an online trading scam
- When
- September 1 - October 10, 2025
- Where
- Langer House, Hyderabad
- Why
- Victim was lured into investing in online trading by a fraudster.
- Victim's Age
- 42
- Victim's Location
- Langer House, Hyderabad
- Loss Amount
- ₹10.21 lakh
- Fraud Type
- Online Trading Scam
- Initial Contact
- Facebook message
- Date Range
- September 1 - October 10, 2025
Sources
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Mumbai News: Retired Bank Of Baroda Employee Duped Of ₹2.78 Lakh In Life Certificate Cyber Fraud
Mumbai Woman In US Loses ₹84 Lakh In 'Digital Arrest' Scam
