Hyderabad investor duped of Rs 2.8 cr in stock market fraud via fake IPO scheme
- Posted on April 29, 2025
- By Business News Today
- 4 Views
Hyderabad investor duped of Rs 2.8 cr in stock market fraud via fake IPO scheme
A Hyderabad man lost Rs 2.8 crore in a fake IPO scam after being lured through a Facebook ad and a fraudulent app called ASKMIN. Scammers built trust with fake profits before demanding more money. Authorities are investigating. Investors are urged to verify opportunities with official sources.
