Indian Investor Loses $221K In Crypto Scam

  • A businessman from India lost approximately Rs. 1.92 crore ($221K) in a sophisticated digital currency fraud.
  • The scammer reached out on Facebook and later convinced him to join the investment plan.

An Indian investor has lost Rs. 1.92 crore ($221K) in cryptocurrency after being tricked by a complex fraud on Facebook. The 48-year-old entrepreneur from Ahmedabad learned a costly lesson after falling for a sophisticated fraud. It all started with a simple Facebook friend request, which he accepted.

However, the conversation moved very fast, and there was an exchange of numbers. Before he knew it , the man was introduced to a cryptocurrency investment platform that seemed very promising.

How the…

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