Hyderabad: The Hyderabad City Police on Wednesday issued a critical public advisory, warning residents about a surge in online investment scams targeting individuals through social media, Telegram, and WhatsApp.
According to the Deputy Commissioner of Police (Cyber Crimes), fraudsters are posing as investment advisors and luring victims with false promises of guaranteed returns in cryptocurrency, forex, or stock trading. These scams often begin with unsolicited messages on platforms like Facebook or WhatsApp.
Fraudsters use fake apps and dashboards
The scammers typically direct victims to fake websites or apps that simulate trading dashboards, displaying manipulated profit figures. “These fake platforms give an illusion of legitimacy and show wallet balances with unreal profits,” the DCP said.
After gaining the victim’s trust, the fraudsters request small initial investments. They then provide support via WhatsApp to maintain the illusion of real-time guidance. As the victim invests more, they are shown fake profits and encouraged to continue.
When victims attempt to withdraw their money, they are asked to pay additional charges such as tax, withdrawal fees, or compliance costs. “Every time a payment is made, another reason is invented to demand more,” the DCP explained.
Police urge public to stay vigilant
The police warned that if a victim questions the process, scammers use fear tactics, including threats of legal action or fund freezing. Eventually, the victim realizes the fraud and reports it, often through the National Cybercrime Helpline (1930) or cybercrime.gov.in.
The Hyderabad Police urged the public to:
- Avoid investment offers from unknown individuals or unverified platforms.
- Never trust online messages promising high or quick returns.
- Always verify if trading platforms and agents are registered with SEBI.
- Refrain from sharing personal or banking details online.
- Report suspected frauds promptly.
The police further encouraged citizens to stay informed by following their official cybercrime handles on Facebook, Instagram, and X.
BEWARE OF ONLINE TRADING & INVESTMENT FRAUDS!
The Cybercrime Unit, Hyderabad City Police, cautions citizens about the alarming rise in Online Trading and Investment Scams. Fraudsters are luring people through social media, Telegram, and WhatsApp groups, promising high returns or…
— Hyderabad City Police (@hydcitypolice) November 5, 2025