Investment scammers dupe Indian trader out of $52,000

An Indian trader has lost more than $52,000 (Rs. 31 lakh) to investment scammers after he was lured with mouth-watering profits. The 54-year-old trader dealing in building materials in Sola lodged an official complaint with the city cybercrime police after discovering he had been swindled out of his funds. According to the Indian trader, the criminals promised him, alongside other investors, high returns through an investment program that was backed by digital assets. However, he claimed that the website was a fake and the crypto investment did not exist. These kinds of scams have been up this year across India, with bad actors taking advantage of lax crypto regulations and the ignorance of the majority of the population to scam them out of their hard-earned money. Indian trader loses funds to fake investment scammers In the FIR that he submitted to the police, the Indian trader mentioned that the criminals...

https://www.cryptopolitan.com/indian-trader-loses-52000-invest-scam/