Hyderabad Cybercrime Police arrested absconding accused Chikkala Santosh Kumar (31), resident of Warasiguda, who was involved in stock trading fraud.

The Accused was also involved in six cases across India, including two cases in Telangana State. The complainant received a phone call from Neha and said she works for Cognizant, later she became friends with the complainant. Later they became close and started WhatsApp chat and gained trust. She suggested him to trade with https://m.catalystmarketsfx.com . He invested 1,70,000 and they showed him a profit of 20,100 USD. To withdraw they asked him to pay 4,82,400 as tax and after paying they demanded to pay Rs 1,41,920 as exchange fee. After Neha showed him that she paid 66920, he also paid 75,000 but they still demanded him to pay 3,326 USD. Then he realized that they had cheated him to a tune of an amount of Rs 7,27,400.