Victim of Deceit: Hyderabad Woman Loses Rs 15 Lakh to Fake SBI Officers

Victim of Deceit: Hyderabad Woman Loses Rs 15 Lakh to Fake SBI Officers

Online investment scams are on the rise, tricking unsuspecting individuals into losing their hard-earned money.

A 43-year-old woman from Manikonda, Hyderabad, was duped of Rs 15 lakh by scammers posing as SBI officials. Lured by promises of high returns through a fake WhatsApp group, she downloaded a fraudulent trading app named ‘SBI-INT’. Initially investing small amounts, she was enticed to deposit more, believing she was investing in IPO stocks. This incident highlights the growing threat of online investment scams that prey on the unsuspecting.

 

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