Overview

• A Secunderabad pensioner invested ₹21,000 on March 27 in a platform run by Experts Pro Ltd and ultimately transferred ₹61.95 lakh under scammer pressure
• Fraudsters posing as trading experts offered market insights and displayed a fake $75,000 profit to coax additional investments
• Repeated margin-call demands blocked withdrawal attempts and a bogus recovery agent later harassed the victim for fresh funds
• Following the complaint, the Hyderabad Cyber Crime Wing formally opened a probe into the online trading operation
• Police have urged investors to use only SEBI-approved platforms and consult SEBI-registered advisers before investing