Home Maker loses ₹51 lakh in fake Paytm Money investment scam
SECUNDERABAD: A woman from Sainikpuri has lodged a complaint with Neredmet police alleging that she was cheated of ₹51.1 lakh by fraudsters posing as representatives of a reputed investment platform.
According to police, the complainant, identified as Durga Dadi, wife of Suresh Dadi, attended a family gathering on September 20, 2025, where she met Shiva Krishna, who claimed he had earned a profit of ₹30 lakh by investing ₹10 lakh through QIB (Paytm Money). He encouraged her to join the same platform.
Investment through fake website
Acting on his suggestion, she received a referral link via WhatsApp and joined a group claiming to represent QIB (Paytm Money). The members directed her to register on a fraudulent website — https://dukcjkh.com — using her personal and banking credentials.
The complainant first invested ₹3.5 lakh and received ₹40,000 as profit, which built her confidence. The group later persuaded her to invest ₹46.9lakh in an Initial Public Offering (IPO) scheme, promising that QIB would provide ₹40 lakh as a loan to complete the investment.
Loss of ₹51 lakh after fake profits
When she attempted to withdraw her claimed profit of ₹1.3crore, the fraudsters asked her to repay the supposed loan first. She transferred another ₹1.5 lakh but found her account frozen soon after. Despite repeated follow-ups, she could not recover her money.
In all, she made 16 transactions amounting to ₹51.5 lakh, receiving only ₹40,000 in return. Realising she had been cheated, she filed a complaint on October 22, 2025, seeking action against the culprits.
Neredmet police have registered a case of cyber fraud and are investigating.
