Hyderabad, Jan. 31 -- A 41-year-old engineer employed at City Bank in Pune and a native of Khammam was allegedly duped of Rs 1.5 crore by cyber fraudsters in Hyderabad after being lured into investments in stocks.

In his complaint filed with the Telangana Cyber Security Bureau (TGCSB), the victim stated that he began investing in a platform which promised high returns. The victim said that in November 2025, he was introduced to the platform by his sister, who came across an advertisement on Instagram.

After clicking the link, the victim's sister was added to a WhatsApp 'Z926 one-to-one Service' and 'L Accel Partners Stock Exchange Group' where fraudsters promised a return of upto 500 percent. One of the fraudsters identified herself as ...