Man loses Rs 1.8 crore after investing in trading site in Hyderabad

HYDERABAD: A 69-year-old private employee, a resident of Kukatpally, lost Rs 1.88 crore after investing in a fake trading platform.

The victim said that on November 20, after seeing an advertisement on Instagram, he joined AI Quantum Trading named “Naka Solutions,” led by a person purportedly named Samriddisingh over email, where one person introduced herself as Siddarth Maheswari, claiming to be an advisor analyst who helps invest in crypto stock market institutional accounts and make money through AI crypto trading.