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₹670-cr investment fraud: How a former mason allegedly lured 7,400 investors with 4% monthly returns

Published 09 Nov 2026, 20:38 IST

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Hyderabad businessman Nanavath Bhupal Naik is accused of running a ₹670-crore investment fraud that affected about 7,400 people. Here's how he pulled off the massive fraud. 

✦ Single Source 1 news outlet reporting

Fact-Check & Bias Analysis

Reported by a single newsroom so far. Other outlets have not independently corroborated this story yet.

Coverage Bias Distribution

Based on 1 reporting publisher

R 100%

Left / Center-Left 0 (0%)

Center 0 (0%)

Center-Right / Right 1 (100%)

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