Hyderabad businessman duped of Rs 2.24 crore in trading scam

HYDERABAD: A 42-year-old businessman from Narsingi lost Rs 2.24 crore in an investment fraud through a fake trading platform.

He said that on September 1, after seeing an Instagram advertisement, he joined a group which claimed to build trading skills under Prof. Aswini Merani.

Later, Priya Dharshini, posing as a group analyst, contacted him and offered to help him earn through block trading, upper circuit stocks, and IPO allotments using an institutional account.

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