Fake trading apps, WhatsApp groups and online training sessions: How a retired engineering college principal lost Rs 8 crore to stock trading scam – Times of India
In a shocking case of online fraud a 59-year old retired principal from a prestigious engineering college in Hyderabad lost a huge sum of Rs 8.1 crore. Resident of Hyderabad, Chennupati Vijayakumar became a victim of an elaborate investment scheme scam. Vijayakumar began transferring funds through a fraudulent investment app called RK Global in July…