Bengaluru Engineer Falls Victim To Bitcoin Investment Scam; Loses 95 Lakhs

New Delhi: In an period dominated by expertise, the rise in on-line actions has sadly given technique to an alarming improve in varied types of cybercrimes, significantly on-line scams. Individuals throughout the globe are falling prey to stylish schemes, from job scams to cryptocurrency frauds.

In a current incident reported by the Times of India, a 53-year-old engineer from Bengaluru has fallen prey to a Bitcoin funding rip-off, shedding a staggering 95 lakhs to a fraudulent scheme. (Also Read: This Techie Resigned From Infosys And Started Business With Investment Of Rs 20,000; Now Owner Of Over Rs 100 Crore Company)

The sufferer, a resident of Shanti Nagar, encountered an individual named Sonia Shenoy on Instagram in 2021, who befriended him over the past two years. Claiming to work for a multinational firm dealing in Bitcoin, Shenoy satisfied the person to speculate Rs 95 lakhs within the cryptocurrency. (Also Read: Home Loan Benefits For Women In India: Check What Advantage They Can Avail)

Trusting the guarantees made by Shenoy, the sufferer invested in June 2022. In July, he was knowledgeable {that a} revenue of Rs 2 crores was prepared, however he wanted to pay Rs 50 lakhs in the direction of TDS (Tax Deducted at Source). Falling into the lure, the person organized an extra Rs 50 lakhs, taking private loans from varied banks.

However, because the sufferer eagerly awaited the promised Rs 2 crores, he realized he had been duped. The complete incident was reported within the official grievance filed by the person.

How To Stay Safe From Such Scams?

Whether it is a job rip-off or a crypto funding rip-off, the modus operandi stays constant. Scammers set up contact, promise unrealistically excessive returns, present small payouts initially to construct belief, after which demand bigger investments. When victims search returns, scammers ask for extra charges or funds, trapping people in a fraudulent cycle.

To Avoid Falling Victim To Such Scams:

Avoid Interaction with Strangers Online: Refrain from participating with random strangers on the web who promise unrealistic beneficial properties or alternatives.

Beware Of Ads Making Unrealistic Promises

Exercise warning when encountering on-line ads promising excessive returns. Avoid clicking on such advertisements to stop potential scams.

Stay Cautious On Messaging Platforms

Scammers typically use platforms like Telegram, Instagram, and WhatsApp to attach with potential victims. Be cautious of latest contacts in your direct messages (DMs) and strategy such interactions with warning.

Source web site: zeenews.india.com

Rating
( No ratings yet )
Loading...