Hyderabad, May 26 -- With Bakrid just around the corner, Hyderabad police have sounded an alert for livestock traders after two cases of digital payment fraud came to light in the city, where fraudsters used counterfeit mobile payment applications to dupe sellers of sheep and goats at local markets.

The incidents were reported within the limits of Kanchanbagh and Rajendranagar police stations under the Hyderabad Commissionerate. In the first case, six individuals arrived at a livestock market on three motorcycles, struck a deal with a seller and showed him a fake payment screen on a counterfeit PhonePe-like application to make it appear that Rs 68,000 had been transferred. They then left with the animals without making any actual payment...