Hyderabad, March 22 -- A businessman and a manager of a private firm in Khammam were duped of Rs 2.33 crore in fake cryptocurrency and stock market investment schemes.

In the first case, a 50-year-old businessman received a WhatsApp message on Nov 25, 2025, from a woman who identified herself as Jessica Meenakshi. She claimed to work for a ceramics firm in Sharjah and also to run a family-owned crypto and forex trading outfit. She persuaded the victim to open an account on the website, pc.fxprogroup.cc, promising large returns on foreign-exchange and crypto deals.

Convinced by the fraudster, the victim made an initial investment of Rs 50,000 on December 14, 2025, and received a profit of Rs 4,800 the next day. In his complaint to the Te...