A defence PSU employee allegedly lost ₹7.95 lakh after investing through a fake trading app downloaded from the Google Play Store. Following the complaint, Hyderabad Cyber Crime Police registered a negligence case against Google India's nodal officer. The case comes amid similar fraud investigations involving fake investment apps allegedly hosted on the Play Store.
Hyderabad: A case was registered against Google India’s nodal officer here for "negligence" after a defence PSU employee allegedly lost Rs 7.95 lakh through a "fake" trading application downloaded from the Google Play Store, police said on Wednesday.
The latest case was registered at the Cyberabad Cyber Crime police station, following a complaint by the victim.
The victim stated that fraudsters contacted him through a social media platform in July and the administrators "advised" him to invest through the trading app after opening an account.
The complainant stated that he then deposited Rs 7.95 lakh in different bank accounts through the app, which showed profits, but the withdrawal requests were rejected and he was asked to pay the amount as withdrawal tax.
