Hyderabad, Oct. 16 -- The Cyber Crime Police of Hyderabad have apprehended four persons allegedly involved in an online trading fraud. They allegedly opened mule bank accounts and made commissions for giving them to cyber fraudsters to route crime proceeds.

The unit received a complaint on April 4 this year from a woman who said she was contacted through WhatsApp and was induced into investing in trading platforms. She was thus cheated of Rs 37,40,000, she alleged.

They registered a case under Sections 66(C) (punishment for use of the electronic signature, password, or any other unique identification feature of any other person), 66(D) (punishment for using a communication device or computer resource to cheat by personation) of the IT A...