Hyderabad, Sept. 18 -- The sleuths of the Cyber Crime Police Station (Headquarters), TGCSB, arrested four persons involved in a major business investment fraud, in which a victim from Hastinapuram, Ranga Reddy district, was cheated of Rs 4.87 crore.
Police seized 10 mobile phones, 10 bank passbooks, two cheque books, and 10 debit and credit cards from their possession.
Based on a complaint, the Police arrested Mohd Mohinuddin Shaik (29), Chinnam Ugra Narshimhulu (29), Pasupuleti Rajesh (27), and Shiva Reddy (33) on Wednesday, a statement from the DGP office said on Thursday.
The accused lured the victim into a trading-related WhatsApp group and convinced him to invest in a fraudulent platform, ironfxsvip.vip. Over two months, he transfer...