Businessman Defrauded of Rs 9 Lakh in Online Used Vehicle Scam; Seller Disappears After Payment

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Businessman Loses Rs 9 Lakh in OLX Thar Scam; Seller Vanishes After Payment

Trusting the individual to be a legitimate dealer, the businessman transferred Rs 9 lakh to the account shared.

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News18•06-03-2026, 17:55

Businessman Loses Rs 9 Lakh in OLX Thar Scam; Seller Vanishes After Payment

•Andhra Pradesh businessman Madire Ravikumar lost Rs 9 lakh in an online second-hand Mahindra Thar fraud on OLX.
•He was contacted by 'Somadula Mahesh' about a Thar owned by 'Rajesh' in Vijayawada, inspected the vehicle, and transferred payment.
•After Ravikumar transferred Rs 9 lakh to the provided bank account, Mahesh switched off his phone and became unreachable.
•Ravikumar filed a complaint with Vijayawada Cyber Crime Police, who are now investigating the case.
•Authorities warn the public to exercise caution, avoid advance payments, and verify sellers in person for online purchases.

Read Full Article on News18 in English

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