Three people were arrested for duping 32 Telugu students studying at various universities in Canada and the USA to the tune of Rs 2 crore on the pretext of paying semester fees, police said.
Hyderabad Cyber Crime Police said the accused have been identified as Devarashetti Pedda Venkateshwarlu, Devarashetti Gautam, and Kohirkar Nilesh.
They are guilty of cheating students by promising to pay their semester fees in Canada and USA through fraudulent credit card transactions. All of them are residents of Hyderabad.
According to police, they spun into action after a complaint was received from 32 Telugu students for being duped.
“Gautham offered a 10 percent fee concession if students agreed to pay through him. He convinced students that he would collect the fee amount from their family in India in rupees and pay the college in the US or Canada through his credit cards of local banks, saving them money transfer charges,” police said.