Hyderabad, Aug. 14 -- A 27-year-old chartered accountant from Hyderabad was duped of Rs 2 crore in a stock investment scam after fraudsters posing as trading experts lured him with promises of high returns.

The victim approached Hyderabad cybercrime police on August 12 and lodged a complaint stating that he was contacted by the fraudsters through Telegram and email in November 2025.

The accused allegedly posed as stock market experts and convinced him to invest in stocks through the Exness trading app, promising substantial returns.

The CA initially invested Rs 2 lakh through the app. Within a few days, his trading account showed profits of around Rs 5 lakh. The fraudsters then convinced him that the returns were genuine, following whi...