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    ITNewspapersThe New Indian Express

    61-year-old loses Rs 6 crore in trading scam in Telangana

    Binu Mathew
    By Binu MathewSeptember 17, 2025

    HYDERABAD: A 61-year-old retired government employee from the city was duped of Rs 6.80 crore after investing in a fake trading platform over a period of one month.

    According to the complaint, the victim was added to a WhatsApp group related to stock trading investments of India and the USA, by an person claiming to be Karim Varma.

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