Easy Cash Trap: How Young Indians Are Being Pulled Into Global Crypto Crime
Indian Police Warn: Youth Trapped in Global Crypto Scams
Indian police say more and more young people are being tricked into helping criminals move illegal money. They are promised quick cash if they “lend” their bank account for a day, but in reality, they become part of a money-laundering network.
One case in Lucknow shows how it works: A 24-year-old waiter was offered ₹20,000 to let someone use his account. The next day, hundreds of millions of rupees came in, and he was told to withdraw it and hand it over. Later, police told him it was stolen money linked to an international fraud gang.
Scammers often target students and low-income workers, offering ₹10,000–₹30,000. The money is quickly turned into cryptocurrency like USDT and sent abroad, with instructions given on Telegram by overseas handlers.
Police warn that even if you don’t know the money is illegal, you can still be arrested and charged. In one month, Lucknow police traced over ₹50 lakh laundered through these accounts, arresting 60 young men.
Bottom line: If someone asks to use your account, refuse. The “easy money” could cost you your freedom.