We had same scam group in Gulf region promising high profit and fulfilled their promise first time then will motivating ppl to top up again with huge amount then they will freeze
Post
--
crypto_media
·
--
Indian Businessman Loses $220K in Crypto Investment Scam
A 48-year-old businessman from Ahmedabad fell victim to an elaborate cryptocurrency scam on Facebook, losing Rs. 1.92 crore ($221k). The scam began when a woman sent him a friend request, claiming to run a gym equipment business. The two moved to WhatsApp, where she introduced him to a crypto investment platform, promising high returns.
After investing $500 and seeing a profit of $250, the businessman increased his investment, ultimately sending Rs. 6 crore ($692k). However, when he tried to withdraw funds, he was asked to pay a 20% tax upfront, leading him to suspect the scam. Further investigation revealed it was a fraud, leaving him with only Rs. 92,000 in returns.
The police have filed a complaint for criminal conspiracy and fraud, warning the public about such scams and advising them to use trusted platforms for crypto investments.
A 48-year-old businessman from Ahmedabad fell victim to an elaborate cryptocurrency scam on Facebook, losing Rs. 1.92 crore ($221k). The scam began when a woman sent him a friend request, claiming to run a gym equipment business. The two moved to WhatsApp, where she introduced him to a crypto investment platform, promising high returns.
After investing $500 and seeing a profit of $250, the businessman increased his investment, ultimately sending Rs. 6 crore ($692k). However, when he tried to withdraw funds, he was asked to pay a 20% tax upfront, leading him to suspect the scam. Further investigation revealed it was a fraud, leaving him with only Rs. 92,000 in returns.
The police have filed a complaint for criminal conspiracy and fraud, warning the public about such scams and advising them to use trusted platforms for crypto investments.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.