New wave of cybercrimes in NTR district causes alarm

VIJAYAWADA: With a surge in complaints about a new wave of cybercrimes disguised as online trading, Initial Public Offerings (IPOs), and mutual fund scams, the NTR District Police Commissionerate has been inundated with cases in recent days. Officials are now actively working to raise awareness about these frauds and the tactics employed by swindlers to dupe victims.

According to the NTR district police, over 20 complaints have been lodged by individuals who collectively lost around Rs 2 crore to fraudsters promising high returns on investments in mutual funds, IPOs, and stock trading.