Hyderabad Cyber Fraud: Rs 2.38 Crore Profit Illusion, Victims Lose Crores

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News18•23-02-2026, 05:28
Hyderabad Cyber Fraud: Rs 2.38 Crore Profit Illusion, Victims Lose Crores
- •Cybercriminals in Hyderabad are using new methods, including misusing personal details for loans and online trading scams.
- •A woman entrepreneur discovered Rs 90.30 lakh in loans taken out in her name using her Aadhaar and PAN card details.
- •The fraudulent loan amount was deposited into an ICICI Bank account linked to 'Paypath Engineering and Infrastructures Private Limited'.
- •A private employee lost Rs 45.50 lakh in an online trading scam after being lured by a fake Rs 2.38 crore profit.
- •Police advise locking Aadhaar biometrics and avoiding unknown links to prevent falling victim to such frauds.
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