Telangana man loses Rs eight lakh in online trading scam

HYDERABAD: A 40-year-old private employee in Hyderabad was duped of Rs 8.17 lakhs by cyber fraudsters who promised to help him with online trading.

After receiving several random calls, including on Telegram, the victim was convinced of joining a group and engaging in trading. He was then added to social media groups where he was encouraged to invest money as others in the group supposedly gained profits.