In a significant operation, Cyberabad cybercrime police arrested three individuals—Rameswara Behera, Shaik Jainab (alias Niharika), and her husband Akbar Khan—for their alleged roles in an investment fraud case that resulted in a reported loss of Rs1.45 crore for the victim.
The scheme began in January 2019 when the victim received enticing phone calls from Niharika, promising extraordinary returns on investments. Initially, the victim invested Rs2 lakh but was later persuaded to increase his investment to a total of Rs1.45 crore. Despite repeated assurances of high returns, the promised funds were never recovered.
According to police, Behera, an engineer, led the fraudulent operation, while Jainab and Khan were his employees. The investigation is ongoing as authorities seek to uncover more details about the scam and any additional victims.
