Cyberabad cybercrime police arrest 13 across States in eight cases; three held in ₹61.39 lakh fake trading scam
Cyberabad police have arrested 13 individuals across multiple states for their involvement in various cybercrimes, including a major fake trading scam. The scams involved luring victims through social media and forged investment applications.
Why it matters
The rise in sophisticated online investment fraud poses a significant threat to financial security and highlights the need for better digital literacy.
The cyber crime wing of Cyberabad Police arrested 13 persons from multiple States in connection with eight cybercrime cases detected between June 25 and July 12, including a fake online trading and IPO investment scam in which a woman was cheated of ₹61.39 lakh.
The report is a straightforward account of police operations and criminal activity.
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