Rajahmundry Cyber Scam Alert: Residents Lose Crores to Stock Market & Digital Arrest Fraud

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News18•16-02-2026, 06:52
Rajahmundry Cyber Scam Alert: Residents Lose Crores to Stock Market & Digital Arrest Fraud
- •Rajahmundry residents are increasingly falling victim to cyber scams, primarily involving fake stock market investments and 'digital arrest' threats.
- •One individual lost Rs. 4.70 crores over three months to a fraudulent stock market investment scheme promising tenfold profits.
- •A 63-year-old retired employee paid Rs. 10 lakhs after being threatened with 'digital arrest' by an unknown caller.
- •A government employee lost Rs. 2 lakhs after clicking a WhatsApp link, leading to cybercriminals gaining control of his phone.
- •District cybercrime statistics for 2025 show 123 registered cases with a total loss of Rs. 20.52 crores; only Rs. 1.34 crores have been recovered.
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