Hyderabad doc falls prey to trading scam, loses Rs 1.49 crore

HYDERABAD: A 34-year-old private doctor from Kothapet lost `1.49 crore after investing in a fake trading platform.

The victim told police that on May 4, he came across and joined a Telegram group related to stock trading and investment opportunities. After joining the group, he was contacted by persons claiming to be investment and trading professionals associated with a stock trading group.

He was later contacted on WhatsApp by a woman who introduced herself as Myra Sharma, followed by several others who approached him regarding stock trading and investment programmes.