Overview
- Officials said fake stock trading and IPO scams account for about 26% of cybercrime complaints in Telangana yet nearly 66% of reported financial losses.
- Fraudsters pose as market experts on WhatsApp and Telegram, use fake dashboards and profit screenshots, push repeated top-ups, and cut contact or demand fees when withdrawals are attempted.
- Cyberabad Police reported sensitizing over 4.8 lakh people in a single-day ‘Cyber Jagarookta Divas’ effort involving 240 personnel and 20 corporate volunteers.
- Outreach included sessions in 41 educational institutions, 18 parks, five residential communities, four corporate offices, and a Hyderabad Metro collaboration reaching over one lakh commuters, with a separate programme engaging about 350 students in Gowlidoddi.
- TGCSB data show most victims are 22–38 years old, with 33% private employees, 19% students and 12% homemakers, males comprising 76% of cases, and retired employees also vulnerable; victims are advised to preserve evidence, report at cybercrime.gov.in, and ask banks to freeze transactions.