The cyber crime unit of Hyderabad police refunded a total of Rs 3,27,86,687 to 54 cyber fraud victims in March.
In stock trading and investment frauds, 32 victims were cheated by fraudsters who lured them with promises of high returns. These scams were typically executed via social media groups and fake
trading platforms. A total of Rs 1,62,19,544 was refunded to these victims.
In FedEx and Money Laundering frauds, 14 victims were duped by the callers impersonating FedEx agents or law enforcement officers, accusing them of involvement in illegal parcels or money laundering. A total of Rs 1,57,25,141 was refunded.