Telangana police have alerted the public about a new cyber fraud scheme known as the “Jumped Deposit Scam.” In this scam, fraudsters promise quick returns on deposits and entice individuals to invest large sums of money. However, after receiving the deposits, the scammers disappear, leaving victims with significant financial losses.
The police have urged citizens to remain cautious and verify investment schemes before committing any money. They have also suggested reporting any suspicious activities immediately to prevent further incidents. The state authorities are working closely with cyber experts to catch those responsible for these scams.