'Trump Hotel Rental' app: How 200 people lost over Rs 2 crore in this online investment scam

A fraudulent 'Trump Hotel Rental' app has defrauded approximately 200 individuals in Karnataka, resulting in losses exceeding Rs 2 crore. The scam utilized AI-generated images of Donald Trump, promising high returns on investments in virtual hotel rentals. Victims initially saw small withdrawals, encouraging larger investments before the app ceased functioning and scammers disappeared, prompting police investigations across multiple districts.

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