Telangana businessman sees quick profit, loses Rs 4.8 crore
By
Binu Mathew
HYDERABAD: A 55-year-old real estate businessman was cheated of Rs 4.87 crore in an investment fraud.
In his complaint to the Telangana Cyber Security Bureau (TGCSB), he said a woman named Mounica contacted him on WhatsApp about a plot in Hyderabad and introduced him to a trading website. After a demo, he invested Rs 50,000 and received 24% profit.
