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18-yr-old Youth Loses ₹3.6l To Bitcoin Fraud | Mumbai News


MUMBAI: A group of cyber fraudsters lured an 18-year-old college student to invest in Bitcoin, sent him a link of a fake Bitcoin trading platform and duped him of Rs 3.58 lakh.

The Matunga police have booked unknown fraudsters under IPC sections for cheating, forgery, and breach of trust and also under the Information Technology Act. Police said the victim, who studies in a college in Central Mumbai, received a link on Whatsapp on investment in Bitcoin.
When he clicked on the link, the message assured him that if he invested a sum of Rs 5,000, he would get Rs 55,000 within 12 hours. Believing the fraud message, the victim invested Rs 5,000 after which he received a scratch card. Once he scratched the card, it showed him a profit of Rs 65,000 in his account. When he tried to withdraw the amount, he couldn’t. He then called on the WhatsApp number to find out what was wrong, but the person who answered told him to invest another Rs 34,500 to withdraw his profit. Over a period of time, the caller convinced him to pay Rs 3.58 lakh and duped him.





Read More: 18-yr-old Youth Loses ₹3.6l To Bitcoin Fraud | Mumbai News

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