59-year-old retired principal from Hyderabad, Chennupati Vijayakumar, lost Rs 8.1 crore to an investment scam through the RK Global app from July to October 2024. Initially, he withdrew a small amount, but larger withdrawals failed. After realizing the scam, he filed a complaint with the Telangana State Cyber Security Bureau.
Fake trading apps & more: How a retired engg college principal lost Rs 8cr
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