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Hyderabad's retired IAS officer falls victim to cyber fraud, loses Rs 3 crore

IndiaTimes Saturday, 17 May 2025 ()
A 72-year-old retired IAS officer from Hyderabad fell victim to a sophisticated cyber fraud, losing Rs 3.37 crore through a fake stock trading app. Lured by promises of high returns and AI-driven investment strategies, the officer transferred funds over several months.
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