A Hyderabad man lost Rs 6.32 lakh after being tricked by fraudsters on Facebook and WhatsApp who promised profits from US Gold Stock trading. Police have registered a case and warned people against trusting unknown investment offers and fake apps

Hyderabad: A Hyderabad resident was duped of Rs 6.32 lakh by fraudsters who lured him by assuring huge profits in online trading.

The victim, a resident of Himayatnagar in the city, had received a message on Facebook and WhatsApp from an unknown person. The conman convinced the victim to invest in ‘US Gold Stocks’.

The victim believed the agent, who identified herself as Amrutha Reddy, made transactions of Rs 6.32 lakh through online money transfer channels. “The fraudsters demanded more money towards taxes and withdrawal charges, and even t

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