Read carefully, everyone! Stay alert and avoid falling for such scams.
Indian Businessman Loses $221K in Crypto Scam 🚨
A 48-year-old businessman from Ahmedabad lost Rs. 1.92 crore ($221K) in a crypto investment scam after being lured in by a fraudster on Facebook.
📉 How It Happened:
He accepted a friend request from a woman claiming to be in the gym equipment business.
Chats moved to WhatsApp, where she introduced him to a "lucrative" crypto platform.
He initially invested $500, saw a $250 profit, and felt encouraged to invest more.
His total investment reached Rs. 6 crore ($692K) before he tried to withdraw.
He was asked to pay a 20% tax upfront—a red flag!
The scammer vanished, and the platform turned out to be fake.
🚔 Authorities Take Action:
A case has been filed for criminal conspiracy, cheating by impersonation, and breach of trust. Officials warn against unverified crypto schemes and advise using trusted platforms.
What is the reason for so much crisis, America has to buy itself in the state