Hyderabad, June 21 -- The Hyderabad cybercrime police arrested two investment fraudsters for duping a senior citizen from Tolichowki of Rs 74.36 lakh by promising him good profits in return.

According to police, Rushikesh Jaywant Kamble and Sohel Mohammad Sultan Shaikh contacted the 65-year-old victim from Tolichowki through WhatsApp, luring him to deposit large sums of money in a trading app, 'Abott Wealth Management.' Trusting them completely, the senior citizen invested his money, but later found the app was fake after he was blocked. He immediately registered a complaint with the Hyderabad cybercrime department.

During investigation, the cybercrime team discovered the two accused are involved in 38 cases across India, including thre...