Hyderabad, Nov. 14 -- A 35-year-old businessman from Hyderabad was duped of Rs 12.3 crore in an online trading fraud over seven months, from March to October 2026.

The fraud came to light in November when the victim tried to withdraw his entire investment along with the profits.

The victim is a resident of Pragatinagar, who approached the Telangana Cybersecurity Bureau (TGCSB) on Friday, November 13, and filed a complaint stating that on March 2, he was contacted by an individual who identified himself as Arjun and claimed to have noticed the victim's profile on Facebook Marketplace.

In his complaint, the victim said that Arjun introduced himself as a stock market investor and trading expert. The victim initially invested Rs 10,000 on ...