Chinese masterminds swindle Rs. 700cr from 15,000 Indians
Image Credit: NewsBytes
The Hyderabad police have nabbed members of an investment fraud ring that seemed to have duped people across the country. The group defrauded at least 15,000 people for over Rs. 700 core in less than a year. The fraud has links to China and the Lebanon-based terror group Hezbollah. The cybercrime wing of the Hyderabad police started investigating the case in April after a person (Shiva) approached saying he was conned of Rs. 28 lakh.