In a shocking incident in Hyderabad, a 60-year-old woman fell victim to a scam orchestrated by her own brother, resulting in a loss of a staggering 2.8 crore rupees. The fraudster convinced the victim to invest in a bogus coffee powder company, luring her with promises of lucrative returns. The unsuspecting woman, along with several others, believed in the legitimacy of the investment due to the false association with renowned cricketer Chris Gayle. Unfortunately, the scheme turned out to be a ploy to swindle money from innocent individuals. Ultimately, the victims only received 90 lakh rupees back from their total investment of 5.7 crore. This appalling case serves as a stark reminder of the prevalence of financial frauds and the importance of conducting thorough due diligence before investing substantial sums of money. Authorities are currently investigating the matter to bring the perpetrators to justice and prevent similar incidents in the future.
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“Hyderabad woman loses Rs 2.8 crore in scam using Chris Gayle’s name, brother’s deception leads to financial loss”
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