Telangana techie loses Rs 2.36 crore in investment scam

HYDERABAD: A 43-year-old IT employee from Kondapur lost Rs 2.36 crore allegedly after being duped into investing in a fake online platform by fraudsters posing as acquaintances on Facebook.

According to the victim, he received a friend request in August 2025 from a woman identifying herself as Yeung Dee, also known as Cora, which he accepted. The two later exchanged phone numbers and continued their communication. During conversations, she claimed to be from Singapore and working in Mumbai, adding that her mother lived in Hyderabad with her Indian stepfather. She also introduced him to a group of individuals who allegedly worked with Facebook in Germany.

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