Private Employee Loses ₹1.34 Crore in Cyber Fraud

 NEWS CHARIOT –In a shocking case of cybercrime, a private employee from the Arundhati Colony in Hyderabad was defrauded of₹1.34 crore by fraudsters posing as promoters for upcoming Tollywood movie releases. The incident unfolded when the victim was introduced to the scammers during a trip to Goa in October of the previous year.

The fraudsters, identified as Udayraj and Vivek, convinced the victim that they were involved in promoting Tollywood movies and promised high returns on investments for upcoming film releases. They initially earned the victim’s trust by showing fake photographs of renowned film director Sujeeth and offering an opportunity to promote the movie “Amaran” in exchange for an investment of ₹20 lakh. They further reassured the victim with initial bank transfers, making the scam seem legitimate.

As the fraudsters gained the victim’s confidence, they continued to pressure him for more investments. The victim was convinced to invest a total of ₹1.34 crore, including selling his house and pledging gold jewelry to gather the funds. The scammer duo continued to take money under the pretense of promoting movies such as “UI,” “Kanguva,” “Seetapayanam,” “Pushpa-2,” and “Game Changer.”

However, when the victim attempted to contact the fraudsters for returns, they stopped answering his calls. Realizing he had been scammed, the victim lodged a complaint with the CCS (Crime Control Cell) police.

The police have registered a case and are actively investigating the incident, warning the public about such fraudulent schemes involving fake movie promotions and online investments. The case highlights the growing trend of cybercrime targeting unsuspecting individuals with seemingly lucrative offers.

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