Facebook friendship turns costly as Hyderabad man loses ₹10 lakh in online trading scam

'Facebook friend' cheats Hyderabad man of Rs 10 lakh; case registered

Hyderabad: A 42-year-old man from Hyderabad’s Langar Houz lost Rs 10.21 lakh after being trapped in an online investment scam by a woman he met on Facebook. Police said the victim befriended a woman who introduced herself as Sai Preethi, claiming to be from Visakhapatnam and currently living in the UK. The two began chatting regularly and, after gaining his confidence, she told him about a “high-return” trading opportunity. The man first transfe…

Facebook friendship turns costly as Hyderabad man loses ₹10 lakh in online trading scam

Hyderabad man loses ₹10 lakh in Facebook friendship scam, highlighting the dangers of online trading fraud and fake profiles.