Bitcoin Fraud Investment: Nowadays, fraudsters use many new methods on social media to cheat people and cheat them of money. In the modern world of mobile and internet, internet has played a big role in the lives of common people. Most of the people do most of the work of their life online i.e. through the internet, and that is why cyber crime is increasing so rapidly.
A new case of cyber fraud has come to light
The news of people being cheated of lakhs and crores of rupees every day has now become a common thing. One such new cyber fraud has happened with a woman living in Thane, Maharashtra, who after seeing an advertisement on Facebook, invested in the name of Bitcoin and the criminals defrauded her of about Rs 27 lakh. Let us tell you how such a big fraud happened to this woman.
According to a report in Times of India, this woman living in Thane, Maharashtra had seen an advertisement on Facebook last month. In that advertisement, it was claimed that by investing 500 dollars (about Rs 41,556) in Bitcoin, you will get a return of 4800 dollars (about Rs 3,98,940).
Saw Bitcoin advertisement on Facebook
A contact number was also given with this advertisement, which was a mobile number from England. When the woman called on that number, the accused told that he was a resident of Belgium, and claimed to get huge returns by investing in Bitcoin.
According to the information received from the police, the woman told that the accused asked her to download an app and create her profile on it. The accused took some fake screenshots and made the woman believe that she was investing her money in the right place and she would get sure returns. After that the accused asked the woman to buy Bitcoin worth Rs 50,000 from a person. The victim woman bought bitcoins using internet banking.
The accused cheated Rs 26.88 lakh
After making this much investment, the woman received a new e-mail in which a receipt for the purchase of $496 was sent. After that the accused told the woman that after making the investment, till now he has made a profit of 4,586 dollars i.e. about 3 lakh 80 thousand rupees. The accused told the woman about a website in which a link was mentioned to withdraw cash, but when the woman tried to withdraw her money using that link, the money was not withdrawn.
After that the woman received another new e-mail and was asked to update the account to withdraw the cash, for which a fee of a few dollars had to be paid. In the same manner, the accused continued luring the woman and looting money in dollars in the name of upgradation fee, withdrawal fee, tax etc.
After a few days, when the woman was not able to get even a single rupee back, she realized that she had been defrauded, but by then the woman had paid Rs 26.88 lakh. After that the victim woman lodged a complaint at Kapurbawdi police station and the police registered a case under the IT Act and started investigation.