Hyderabad Trader Loses Rs 1.2 Lakh to Cyber Fraud in Fake Discount Scam

Hyderabad Trader Loses Rs 1.2 Lakh to Cyber Fraud in Fake Discount Scam
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Another case of cyber fraud has been reported in Hyderabad, raising concerns about the increasing number of such scams.

A 50-year-old trader from the city lost Rs 1.2 lakh to cybercriminals. The fraudsters tricked him by offering discounts on shopping and groceries.

The victim received a call from someone claiming to be from a well-known shopping mall. They promised special discounts on household items. Interested in the offer, the victim clicked on a link sent by the fraudster and entered his card details, including the card number and CVV. However, a technical issue prevented the transaction from going through.

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Shortly after, the fraudster called again, reassured the victim, and sent another link. When the victim clicked on it, a malicious app secretly captured his details. The fraudster then asked for his date of birth. As soon as the victim entered the information, money was quickly withdrawn from his credit card. The fraudster was able to monitor the victim’s phone screen using the malicious app.

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The Hyderabad Cybercrime police have registered a case and are currently investigating the matter.

Authorities urge people to stay cautious and avoid sharing personal or banking details online. Victims of cyber fraud can report incidents by calling 1930, visiting www.cybercrime.gov.in, or contacting WhatsApp at 8712665171.

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