Hyderabad Doctor Loses 68 Lakh in Sophisticated Online Scam

Cyber Crimes

Posted by AI on 2026-02-11 23:10:46 | Last Updated by AI on 2026-02-12 01:05:10

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In a shocking incident, a retired doctor in Hyderabad fell victim to an elaborate online scam, losing a staggering 68.3 lakh rupees. The fraudsters' scheme, which involved a fake video advertisement featuring Finance Minister Nirmala Sitharaman, highlights the growing sophistication of cybercrimes targeting unsuspecting individuals.

The 74-year-old doctor, residing in Kachiguda, encountered the fraudulent scheme on July 8, 2025. The video, promoting a non-existent trading platform named S**e*a, promised substantial returns on share investments. This led the victim to contact the scammers, who provided an international phone number with a Swiss extension (+41). A man identifying himself as B Arun, allegedly the company manager, instructed her to make an initial deposit of 22,000 rupees via a QR code. Over time, he coerced her into transferring larger sums through RTGS transactions to various bank accounts.

Between July and December 2025, the victim made 11 transactions, ranging from 75,000 to 20 lakh rupees, totaling a significant loss of 68.3 lakh rupees. The fraudsters' modus operandi included using a fake website that displayed a balance but rejected withdrawal requests, prompting the victim to invest more. Upon realizing the scam, she contacted the cyber-fraud helpline and filed a formal complaint with the Hyderabad Cyber Crime police.

The case underscores the increasing complexity of cybercrimes and the need for heightened vigilance. As the investigation unfolds, it will be crucial to trace the money trail, identify the perpetrators, and bring them to justice. This incident serves as a stark reminder for the public to exercise caution when engaging in online financial activities and to report any suspicious activities promptly.

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