Online fraud: 8 lose over Rs 3.5 crore in fake stock trading scams after social media lures in Vizag
Visakhapatnam's cybercrime unit is investigating stock market fraud cases totaling over Rs 3.5 crore. Victims, including a private employee who lost Rs 1.45 crore, were lured by fake online trading platforms promoted on social media. Promises of high returns led to significant financial losses, with fraudsters demanding more money before blocking withdrawals.
Visakhapatnam's cybercrime unit is investigating stock market fraud cases totaling over Rs 3.5 crore. Victims, including a private employee who lost Rs 1.45 crore, were lured by fake online trading platforms promoted on social media. Promises of high returns led to significant financial losses, with fraudsters demanding more money before blocking withdrawals.
