Student Duped of ₹27.55 Lakh in Online Investment Scam

Rapid Summary

• A 26-year-old student in Hyderabad’s Srinagar Colony was scammed out of ₹27.55 lakh in an investment fraud organized by a man posing as a financial advisor.
• The fraudster, identified only as Sachin from Bangalore, contacted the victim via WhatsApp and promised guaranteed high returns on short-term investments with no risks.
• The victim raised funds by borrowing from friends and acquaintances and transferred the money across multiple bank accounts, but no returns were delivered, and communication with sachin ceased afterward.
• Hyderabad Cybercrime Police have registered a case and issued an advisory warning against trusting strangers offering unrealistic profits or guarantees. They emphasized that legitimate advisors cannot assure risk-free guaranteed returns.
• Victims are encouraged to report cyber frauds immediately via the 1930 Cyber Helpline or national crime portal (www.cybercrime.gov.in).For urgent assistance, they can also use WhatsApp at 8712665171.

Indian Opinion Analysis
This incident highlights growing concerns over cybercrime in India and underlines the vulnerability of individuals-especially young people-to scams involving promises of quick financial gains. By employing modern platforms like WhatsApp to operate such fraudulent schemes, perpetrators are capitalizing on widespread digital connectivity while exploiting users’ limited awareness about financial security practices online.Authorities’ warnings to verify credentials carefully before making investments point toward the broader issue of financial literacy among citizens-a key factor in reducing susceptibility to scams like this one. Public advisories about skepticism toward schemes promising unrealistic profits reflect a proactive effort by law enforcement agencies but also call for larger-scale campaigns emphasizing cautious behavior online.

from an administrative viewpoint, encouraging timely reporting through dedicated helplines demonstrates government intent to tackle cybercrimes systematically; though, success will likely hinge on how accessible such mechanisms are for victims across diverse socio-economic backgrounds.

Read more: Published – September 20, 2025 – www.cybercrime.gov.in