Hyderabad, April 9 -- The Telangana CID on Tuesday, April 8 arrested a man involved in an investment fraud worth Rs 22,00,000. The accused convinced people to join a WhatsApp group to make investment for profitable returns.

Initially, Madhusudan, a resident of Ghatkesar joined a WhatsApp group and invested Rs 2,20,000. Upon receiving the returns, he along with group admin Vanditha, planned to get more investors.

In his complaint to the Telangana CID, activist Robin Zaccheus stated that the accused Madhusudan planned to gather new investors. Based on the instructions of group admin Vanditha, conducted meetings in 1980s Military Hotel, Neredmet and explained the investment process promising major returns at 300-400 percent.

Believing the...