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Hyderabad cybercrime police arrested three individuals in connection with two separate financial fraud cases involving fake stock trading and investment schemes. The scams led to losses running into several lakhs for the victims.
In the first case, two men from Gujarat—Mehulbhai Devrajbhai Ramani (37), a scrap dealer from Surat, and Hardik Kumar Gondaliya (26), a private employee from Rajkot—were apprehended. The accused allegedly used social media platforms and unauthorized apps to lure unsuspecting investors into fraudulent schemes.
Investigations are ongoing, and police are working to identify further connections in these financial fraud cases.
