Telangana issues cyber alert after ₹7.7 crore marriage scam, investment fraud
HYDERABAD: The Telangana Cyber Security Bureau (TGCSB) has issued a public advisory warning citizens against rising cases of marriage alliance frauds and online investment scams, after a recent case in which a victim from the state lost ₹7.7 crore in such a scheme.
Fraudsters often show victims fake profits through fraudulent websites or apps, which builds confidence. Once they transfer larger amounts, they either disappear or block access to the platforms, leaving victims with huge financial losses.
Fraudsters lure victims through fake marriage profiles
According to the TGCSB, fraudsters have been creating fake profiles on matrimonial and social media platforms, posing as Non-Resident Indians, businessmen, or professionals abroad. After gaining the victim’s trust by proposing marriage or a stable future, the scammers convince them to invest in “profitable” ventures such as cryptocurrency, forex trading, start-ups, or export businesses.
Advisory to public: verify before investing or committing
The Bureau advised the public to remain cautious of unverified marriage proposals received through social media or matrimonial websites. It urged citizens to:
Verify the person’s identity, family background and credentials independently.
Avoid investing money based on emotional promises or online relationships.
Cross-check investment platforms with recognised financial institutions or regulators.
Refrain from sharing personal or banking information with online acquaintances.
“Real partners don’t ask for financial favours or investments in unverified platforms,” the TGCSB said, urging the public to report any suspicious activity via the Cyber Crime Helpline 1930 or at www.cybercrime.gov.in.
The Bureau reiterated: “Stay alert. Don’t invest blindly.”