TELANGANA CYBER CRIME UNIT IN HYDERABAD ARRESTED ONE ACCUSED PERSON IN INVESTMENT FRAUD..

Cyber Crime Police apprehended one accused person by name Neeraj, S/o. Ramesh Chander, age: 31 years, Occ: Pvt. Employee .Cr.No.197/2025 from South West Delhi, who is involved in investment fraud. Accused is involved in 88 cases across India and 7 cases in Telangana.
Accused Person Details:
A-1: Neeraj, S/o. Ramesh Chander, Age: 31 years, Occ: Pvt. Employee, R/o. Plot No-216, KH No. 253, Near Hanuman Mandir, Roshan Garden, Najafgarh, South West Delhi, Delhi State. He is the account supplier and OTP operator.
CASE FACTS:
A 39-year-old male victim from Hyderabad was referred to COSTA WELL GROWN application vide application address https://www.costata.site/appCosta/ by his friend in which he had downloaded and logged in to that application and invested the money for earning. Initially he had invested in small amounts in different bank accounts provided in the application for which they showed some profit every day. They told victim that he would receive the profits amount into his application wallet and the same could be withdrawn in to his personal bank account which will take 1 to 3 days to deposit the same in his account after deduction of tax @ 6% for each withdrawal. Believing them to be genuine he deposited amount in multiple times for totaling to ₹6,16,918. Later they stopped the withdrawal process.
MODUS OPERANDI:
Fraudsters contact victims through:
Social media platforms, Telegram app, WhatsApp calls and Messages.
Offers of double or triple profits in a short time through stock market trading.
They are displaying huge returns in their application initially.
Allowing withdrawals to a certain extent to build trust
Proposing investments with promises of substantial profits.
Showing virtual profits to lure victims into investing more.
7) Blocking withdrawals once larger amounts are invested
SEIZURE OF PROPERTY:
1. Laptop : 1
2. Mobile Phones : 6
3. Bank Passbooks : 3
4. Bank Debit cards : 6
5. Cheque Books : 26
6. Sim cards : 8
7. Rubber stamps : 5
8. OTP Detectors : 2
9. UPI QR codes : 2
The team headed by the Inspector of Police Sri S, Mattam Raju, consisting of team members PC’s Ch Sunil Kumar, B Bhaskar, P Ashok, M Ganesh, M Rajender, and M G Sudharshan have cracked the case.
PUBLIC ADVISORY:
To protect yourself from cybercrime and financial fraud:
Be cautious of online stock trading suggestions & investment frauds and offers like – huge returns in short term, multi bagger stock suggestions, investment in IPO’s and Mutual Funds.
Verify properly before accepting such offers and sharing your financial or personal details.
Scammers approach victims through various social media platforms i.e., Telegram, WhatsApp, X, Instagram, and Face book by advertising Fake investment apps / websites.
Such schemes are fraudulent and do not have SEBI’s endorsement. Fraudsters are using simple tactics to lure gullible investors with promises of high returns and Fake profit screenshots.
If you are a victim of cybercrime fraud Immediately dial 1930 Visit https://cybercrime.gov.in/ for assistance
Sd/-
Dy. Commissioner of Police
Cyber Crime, Hyderabad