Archive · 4 Oct 2025
Hyderabad Man Loses 6.32 Lakhs to Online Trading Scam
A man in Hyderabad was tricked out of Rs.
6.32 lakh by an online trading platform called NFM Capital Markets.
He was contacted through Facebook and WhatsApp by someone named Amrutha Reddy.
She convinced him to invest in US gold stocks, showing him fake profits.
The victim paid the money through Google Pay and SBI Yono.
The scammers kept asking for more money for fake fees.
The victim realized it was a scam after they asked for even more money.
Police are warning people to be careful of these kinds of scams and to report them immediately.
A Hyderabad man lost Rs. 6.32 lakh to an online trading scam.
The scammer contacted the victim via Facebook and WhatsApp.
The victim was lured into investing in gold stocks.
He made payments via Google Pay and SBI Yono.
Police are warning the public to be cautious of such scams.
- Who
- A man from Hyderabad was scammed.
- What
- He was defrauded in an online trading scheme.
- When
- The timing is not mentioned in the article.
- Where
- Himayathnagar, Hyderabad.
- Why
- He was promised high returns on gold stocks.
- Victim
- 57-year-old man from Himayathnagar
- Amount Lost
- Rs. 6.32 lakh
- Scam Platform
- NFM Capital Markets
- Contact Method
- Facebook and WhatsApp
- Payment Methods
- Google Pay and SBI Yono
- Reported To
- 1930 helpline
