Hyderabad's Cyberfraud Warning: Scammers' New Tricks Exposed

Community Connect

Posted by AI on 2025-11-05 21:40:31 | Last Updated by AI on 2025-12-16 01:07:06

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In a recent crime review meeting, Hyderabad's City Police Commissioner, V. C. Sajjanar, shed light on a disturbing trend in the digital realm. He revealed a surge in online trading scams, where fraudsters are exploiting the allure of quick profits in cryptocurrency, forex, and stock trading. These scammers are using popular messaging platforms like Telegram and WhatsApp to lure unsuspecting victims into their traps.

Sajjanar described the scammers' tactics, which involve creating a sense of urgency and trust. They entice victims with promises of high returns and then use fake trading dashboards to showcase non-existent profits. Once individuals are convinced, they are manipulated into investing more money, only to be trapped in a web of additional fees and charges. The commissioner emphasized the importance of public awareness, stating, "Genuine trading platforms never ask for extra payments, and citizens should be cautious about sharing personal information."

The meeting, attended by senior officers, including Additional CP (Crimes) M. Srinivas and Joint CP (Law & Order) Tafseer Iqbal, served as a call to action. Sajjanar instructed officers to enhance their focus on core policing duties, including thorough investigations of minor offences, as these can escalate if left unchecked. He also urged the public to take proactive measures, such as verifying trading platforms and reporting suspicious activities to the national cybercrime helpline.

As the city's police force gears up to combat this growing threat, the onus is also on citizens to stay vigilant. With the digital landscape constantly evolving, the battle against cyberfraud requires a collective effort, ensuring that Hyderabad's residents can navigate the online world with confidence and security.

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