Hyderabad, March 7 -- The Cybercrime Police of Malkajgiri Commissionerate detected three investment fraud cases in the first week of March and arrested five people for providing mule accounts to scammers.

Cybercrime Police also refunded an amount of Rs 12,54,500 to the victims this week.

In the first case, the complainant lost Rs 10 lakh after he was added to a stock market group on WhatsApp, which persuaded him to invest in a fake trading application by showing fake profits.

After investing small funds, the complainant was asked to invest larger amounts, and when he tried to withdraw his money, the scammers demanded more payment on the pretext of loan clearance and special withdrawal charges.

After transferring the Rs 10 lakh, the tr...