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2 Hyderabad doctors duped of over Rs 2 crore in Instagram…

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activeCyber Crime / Digital ArrestTelangana

2 Hyderabad doctors duped of over Rs 2 crore in Instagram investment scam

Two doctors in Hyderabad were allegedly cheated out of more than Rs 2 crore in separate online investment scams orchestrated through Instagram advertisements and fake trading platforms, according to cybercrime police. Officials stated that the victims were lured by promises of high financial returns before being contacted via WhatsApp to facilitate the fraudulent investments.

State

Telangana

First reported

May 2026

Agency involved

Hyderabad Cybercrime Police

Status

Separate cases registered and investigations initiated

The full story

Everything you need to know about this case, in one place.

In the first incident, a doctor from AC Guards in Nampally allegedly deposited over Rs 1.76 crore into a bogus trading platform. The system falsely showed his investments had grown to nearly Rs 14 crore, but officials reported that when he tried to withdraw the money, scammers demanded more payments and blocked the transaction.

In the second case, a doctor from Asifnagar was allegedly defrauded of Rs 28.54 lakh after being targeted by the same woman. This platform similarly displayed fake profits totaling Rs 73.92 lakh while denying withdrawal access and pressuring the victim for further deposits. The Hyderabad Cybercrime Police have registered separate cases and launched investigations into both fraudulent schemes.

Not yet reported: The articles do not report any arrests or the identities of the suspects involved in the scam.

Where the case stands

The latest position in the reports we read.

The Hyderabad Cybercrime Police have registered separate cases regarding both incidents and initiated investigations.

Who was affected

Described in general terms; we do not name victims.

Two doctors residing in Hyderabad (specifically in Nampally and Asifnagar).

How the scam worked

The method described in the reports.

Fraudsters published investment advertisements on Instagram promising assured profits.
Victims clicked the advertisement links and were subsequently contacted by a woman via WhatsApp.
Victims were directed to transfer funds into fake online trading platforms.
The fraudulent platforms displayed fictitious high profits to deceive the victims.
When victims attempted to withdraw their funds, scammers blocked the withdrawals and demanded additional payments under various excuses.

Targeted by something similar?

Call 1930 (free, 24x7) straight away, then file at cybercrime.gov.in. Money reported in the first hours is far easier to freeze.

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Keep reading

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Sources and further reading

Optional. The full story is above; these are the original reports it was prepared from.

medicaldialogues.inOriginal report Medical DialoguesOpens via Google News

Prepared by Report Scams, with the help of AI, from the published reports listed above. Check those reports for the latest. Cases here describe allegations. An FIR, arrest or charge is not a finding of guilt. To report a mistake, or to ask for a correction or removal, write to our Grievance Officer. See also the Safe Posting policy.