Hyderabad techie loses ₹50 lakh in investment scam

A software engineer was duped of ₹50 lakh in a cyber fraud in Hyderabad after he was lured with high returns on investment. The victim is a 42-year-old man, and a resident of Adibatla, approached the Rachakonda cybercrime police and filed a complaint. The complainant stated that he was contacted on WhatsApp and redirected to a Telegram group.