The fraudsters made the victim transfer the money within ten days under the pretext of registration, security deposit, no-objection certificate, etc., promising to provide a Kia Motors dealership.
Published Date – 1 April 2025, 07:41 PM
Hyderabad: A city-based businessman was cheated by cyber fraudsters to the tune of Rs 1.28 crore who allegedly promised automobile dealership of a leading car manufacturer, using a fake website.
The fraudsters made the victim transfer the money within ten days under the pretext of registration, security deposit, no-objection certificate, etc., promising to provide a Kia Motors dealership.
According to the police, the complainant from Ayyappa Society in Madhapur, is a businessman from the automobile industry is currently the Managing Director of a motor corporation.
While searching on Google for a Kia Motors car franchise, he came across a website named Kia Dealers India and entered his details believing it to be a genuine one. There, a person asked for his Aadhaar, PAN, land contract documents, rental lease and other details to set up a showroom through mail.
“The cyber fraudster collected a total of Rs 1.28 crore in eight installments under the pretext of registration fee, license, security deposit, NOC, insurance and stock booking,” said a police official.
When the fraudsters kept asking for more money, the complainant grew suspicious and enquired with the automobile firm and realised it was a fraud.
Based on a complaint, the Cyberabad Cybercrime police booked a case and took up investigation.
