Gachibowli techie loses Rs 1.21 crore in stock fraud
HYDERABAD: A 52-year-old software engineer from Gachibowli lost `1.21 crore in a stock trading fraud after investing between August 13 and September 11.
The victim was first added to a WhatsApp group that shared stock market suggestions. He was actively engaged in discussions on stock tips, technical chart patterns, QIB trading in pre-market NSE and NASDAQ hours, and IPO investments through what was presented as an AEGIS-CAP trading account.
