Brother scams sister with Chris Gayle’s name, 2.8 crore lost in fake investment scheme.

A 60-year-old businesswoman in Hyderabad fell victim to a scam orchestrated by her brother, resulting in a loss of Rs 2.8 crore. The deception involved investing in a fraudulent coffee powder company with promises of high returns, leveraging the false association with cricketer Chris Gayle. Unfortunately, the victim and others only received Rs 90 lakh back from their total investment of Rs 5.7 crore. This incident sheds light on the prevalence of financial fraud in India and the devastating impact it can have on unsuspecting individuals. It serves as a stark reminder for the public to exercise caution and due diligence before investing in any scheme, especially those promising unrealistic returns. Authorities are urged to investigate such fraudulent activities and hold the perpetrators accountable to prevent further exploitation of innocent people.

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