The 34 -year -old Yousufguda inhabitants were cheated on fraudsters who act as representatives of Bajaj Finsever.
Fraud took place on 11th August when cheaters first contacted the victim with a personal loan of 1 lakh. He believed the assurance and was gradually convinced of the transfer of money under various pretexts, including insurance fees, TDS, Night, GST, RBI postal permit, account conversion, loan activation, late fines, advance emissions and cash deposits.
Investigators said that between 11 and 20 August, the victim had made several transfers of 3,04,058 GBPs to many people and trusted false promises of loan approval. False e -maly and text messages reportedly from Bajaj Finserv and the Indian reserve bank were also used to make this system seem authentic. Despite the hefty payments, no loan was sanctioned and fraudsters continued to demand more money.
After the complaint, the wing of cyber criminality registered the Police Hyderabad the case and launched a probe.
Meanwhile, the police urged people to remain vigilant and do not believe in junk calls, e -mails or messages offering immediate loans. Officials stressed that neither banks nor non -banking financial companies nor RBI were looking for preliminary payments for processing or lending loans.
The authorities advised citizens to apply for loans only through authorized bank branches, NBFC or their official websites and applications. People were also warned not to bring money to the personal accounts of unknown individuals.
Victims of computer fraud are recommended that in 1930 they immediately turn to the line for auxiliary crime on a computer crime line or file a complaint at: www.Cybercrime.gov.in. In case of emergencies, WhatsApp can also be helped at 8712665171.
Published – 9. September 2025 06:29
