Ready for tomorrow

Fast, insight-rich analysis of news that matters to you | long-reads that outlive the news cycle

Now Reading:

How a ₹36 lakh fraud revealed the machinery behind cybercrime
  • Small
  • Medium
  • Large

How a ₹36 lakh fraud revealed the machinery behind cybercrime

(Image: AI)

How Hyderabad Police’s cyber fraud crackdown, Operation Octopus, has peeled the layers of a criminal ecosystem spanning multiple states, banking channels, shell accounts, crypto networks and international actors

In early 2025, Ravi (name changed), a 40-year-old from Hyderabad, saw a stock market investment opportunity promising quick returns on his Facebook feed. Curious, he clicked on it and was instantly pulled into a WhatsApp group filled with supposed "trading experts" discussing market moves, profits and investment strategies. It looked convincing. Screenshots of gains flooded the group. Others appeared to be making money Ravi wanted in.

Read the full article

login now

Join us and get access to insightful, multimedia storytelling like you have never seen before.