Hyderabad man loses Rs 2.3 crore in investment fraud

HYDERABAD: A Hyderabad-based private employee lost Rs 2.36 crore in an investment fraud perpetrated by a trading platform. In his complaint to Rachakonda cybercrime police in July this year, the victim mentioned that he had been looking for AI-based trading platforms and was duped after being added to a WhatsApp group.

The 52-year-old was added to Shoonya group, run by one Sarvjeet Singh Virk and his team member, Swetha.