Cyberabad Police arrest seven for defrauding man of ₹95 lakh in online trading scam (opens original article in a new tab)

Cyberabad Police arrested seven individuals for defrauding a man of ₹95 lakh through a fake investment platform that showed false profits to trick him into investing more money. Police seized cash and froze bank accounts, and a court ordered a refund of ₹9 lakh to the victim.

• Cyberabad Police arrested seven people for defrauding a man of ₹95 lakh through a fake investment platform
• The fraud involved a fake online trading account showing false profits to lure the victim into investing more money
• Police seized ₹26.57 lakh in cash and froze ₹12 lakh in bank accounts as part of the investigation
• A court order was issued for the refund of ₹9 lakh to the victim