Hyderabad, Jan. 5 -- A retired government employee from Malkajgiri was duped of Rs 12.36 lakh in an online trading fraud in Hyderabad.

In September 2025, the victim came across an advertisement regarding online trading on Facebook. A company by the name NAKA Solutions offered trading tips to make profits. After submitting his personal details, the victim received a phone call from an individual, who introduced himself as company representative based in the United Kingdom and persuaded him to begin investing through a mobile application.

Convinced by the fraudster, the retired government employee began investing small amounts of money and received some profits. Subsequently, a woman claiming to be his financial advisor contacted him and ...