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    HomeTelanganaHyderabad businessman cheated of Rs 1.28 crore

    Hyderabad businessman cheated of Rs 1.28 crore

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    Hyderabad: A businessman from Hyderabad was tricked by cyber fraudsters and lost Rs 1.28 crore. The fraudsters pretended to offer a car dealership from a well-known company using a fake website.

    The businessman, who is the Managing Director of a motor corporation, was looking online for a Kia Motors franchise. During his search, he found a website called “Kia Dealers India” and believed it to be genuine. He entered his personal and business details on the site.

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    Later, someone from the fake website contacted him and asked for documents like his Aadhaar card, PAN card, land agreement, and rental lease. They claimed these were needed to open a car showroom.

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    Over time, the fraudsters took Rs 1.28 crore from him through eight payments. They said the money was for registration, license, security deposit, NOC, insurance, and stock booking.

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    When they kept asking for more money, the businessman became suspicious. He contacted the real automobile company and found out the website was fake. He then filed a complaint.

    The Cyberabad Cyber Crime Police have registered a case and started an investigation.

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    Rajesh M
    Rajesh Mhttps://www.telanganatribune.com
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