Hyderabad: Rachakonda cyber crime police registered a case after a Pedda Amberpet resident was cheated of over Rs.78 lakh in a fraudulent online trading scheme. Of the total `80 lakh he invested, the victim was initially allowed to withdraw only Rs.1.9 lakh to create an impression of legitimacy. Claiming to represent a genuine trading platform, the fraudster convinced him to invest large sums, assuring high returns. Believing it to be authentic, the victim shared personal details, including Aadhaar number, PAN and bank account information. In total, the businessman invested Rs.80.38 lakh, of which he recovered only Rs.1.91 lakh, suffering a net loss of Rs.78.46 lakh.