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Hyderabad: Cyber fraudsters duped a man of Rs 10 lakh

Hyderabad: A 35-year-old man from the city was duped of Rs 10 lakh by cyber fraudsters in the name of getting high returns by investing in the stock market. The complainant, who is a private employee, was approached by the fraudsters posing as a financial expert providing guidance on the stock market. Believing the fraudsters, he transferred a total of Rs 10 lakh to their bank accounts in instalments and fell prey to the fraud. He was unable to withdraw money from his trading account. Based on the complaint, the cyber crime police are investigating.