Archive · 31 Jul 2026
Retired Employee Scammed ₹33 Lakh via Fake Trading App
A retired worker in Tellapur, a town in Sangareddy district, was tricked by scammers.
They added him to a WhatsApp group called "Apex Digital Capital" and said the trading app would make him a lot of money.
He downloaded the app and sent about ₹33 lakh in pieces.
Later the scammers asked for more money for fake IPOs and wouldn't give him back what he had already sent.
He told the police, and the Cyber Crime team is looking for the fraudsters.
Police warned everyone to be careful with unknown investment apps and WhatsApp groups.
Retired employee from Tellapur, Sangareddy district, lost nearly ₹33 lakh to fraudsters.
Scammers lured him via WhatsApp group “Apex Digital Capital” promising high returns.
He downloaded a fake trading app and transferred money in multiple installments.
Fraudsters demanded additional funds for alleged IPO investments before refusing withdrawals.
Cyber Crime police registered a case and warned citizens against unknown investment apps.
- Who
- Retired employee from Tellapur, Sangareddy district
- What
- Scammed of ₹33 lakh through a fake trading app
- When
- Date not specified
- Where
- Sangareddy district, Telangana, India
- Why
- Fraudsters promised high returns and demanded additional money
- Victim
- Retired employee from Tellapur, Sangareddy district
- Amount lost
- ₹33 lakh
- Scam type
- Fake trading app
- WhatsApp group
- Apex Digital Capital
- Police action
- Cyber Crime police registered a case