Moradabad Man Loses ₹35 Lakh in Cryptocurrency Scam
A computer trader from Moradabad was defrauded of ₹35 lakh in a cryptocurrency investment scam. The victim was lured with promises of high returns by fraudsters who initially showed small profits to gain trust. After repeated investments, the trader was unable to withdraw his money and was asked to pay more in the name of taxes.
Realizing it was a scam, the victim reported the matter to cybercrime authorities. This case highlights the growing risk of online investment frauds and the need for vigilance when dealing with unverified financial schemes.
