hyderabadupdates.com Hyderabad Father, daughter lose Rs 2 lakh in two separate investment frauds

Father, daughter lose Rs 2 lakh in two separate investment frauds

Father, daughter lose Rs 2 lakh in two separate investment frauds post thumbnail image

Hyderabad: The Rachakonda Cybercrime police have registered two separate cases after a father and daughter were duped in an online investment scam.
In the first case, a man working for the TGSRTC had invested Rs 1.3 lakh in a fraudulent app called LF Work, which initially showed returns but later blocked withdrawals.
In the second case, his daughter invested Rs 86,220 in the same app and suffered a similar loss. Both later realised that the platform was fake and filed complaints.
Investigations are underway. Authorities have advised citizens to be cautious while using online investment platforms.

Related Post

Hyderabad activists cry foul at Musi Riverfront Development Project’s intentHyderabad activists cry foul at Musi Riverfront Development Project’s intent

Hyderabad: Has the Asian Development Bank (ADB) sanctioned Rs 4,100 crore for the Musi Riverfront Development Project? What does the pre-feasibility report of the project talk about? Is the detailed