Teacher Loses 24 Lakhs to Cyber Fraud Promising 5 Lakh Profit: New Trick Goes Viral
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News18•13-02-2026, 17:37
Teacher Loses 24 Lakhs to Cyber Fraud Promising 5 Lakh Profit: New Trick Goes Viral
•A government school teacher in Ambedkar Konaseema district lost 24 lakh rupees to cybercriminals.
•Fraudsters lured the teacher with a promise of 5 lakh rupees profit from selling fertilizers under a fake government scheme.
•They built trust with fake documents and pressured him into making advance payments totaling 24 lakh rupees via PhonePe.
•The victim grew suspicious after repeated demands for more money and filed a complaint with cyber helpline 1930.
•Police froze approximately 9 lakh rupees of the transferred amount and are investigating the incident, warning against unknown links and promises of huge profits.