Hyderabad: A 64-year-old businessman from Karmanghat lost 3.64 crore in an online trading and shopping fraud. Based on his complaint, Telangana State Cyber Security Bureau (TGCSB) registered a case on Wednesday and launched a probe.According to police, the complainant stated that a woman identifying herself as ‘Meera’ contacted him through Facebook on Nov 23, 2025, and introduced herself as an investor associated with an online shopping application.She directed him to use a website, man******re.cc, and persuaded him to invest money towards procuring products for re-sale on the platform. The complainant said he was told when customers place orders for those products on the website, he would receive profits or commission for the sales. Believing the claims, he continued investing funds through the platform.Police said he was repeatedly asked to make additional payments as new customer orders kept appearing. He transferred 3.64 crore to different bank accounts in 43 transactions between Jan 12 and March 5.Subsequently, the fraudster informed him that the platform’s and her accounts had been frozen by authorities and could only be restored if all pending payments from him were cleared. As they demanded a large security deposit to activate the account and enable withdrawal of the invested money, the victim became suspicious.After submitting a complaint on the National Cyber Crime Reporting Portal on March 9, the victim approached TGCSB on Wednesday. Based on the complaint, TGCSB, Hyderabad, registered a case under Section 66-D of the Information Technology (IT) Act and Sections 318(4) (Cheating and dishonestly inducing delivery of property) and 319(2) (Cheating by personation) of the Bharatiya Nyaya Sanhita (BNS).
