Crypto Scam Alert: Ghaziabad Man Duped of ₹12.92 Lakh, 46 UPI IDs Used in Fraud!
GHAZIABAD – Cyber fraudsters duped Kanhaiya Lal Sharma, a resident of Shyam Enclave in Sahibabad, out of ₹12.92 lakh by luring him with promises of massive returns on cryptocurrency investments. The scammers used 46 different UPI IDs to transfer the amount. When Sharma realized he had been scammed and was unable to retrieve his money, he filed a complaint with the Cyber Crime Police Station.
According to Sharma's statement, the scam began when he received a WhatsApp message promoting high returns, ranging from three to five times the investment, through cryptocurrency investments. Upon contacting the senders, Sharma was added to a Telegram group, where he was guided through the process of creating several cryptocurrency accounts.
Over time, he invested a total of ₹12.92 lakh, and his online wallet reflected an impressive balance of ₹39.37 lakh. However, when he attempted to withdraw his earnings, the fraudsters demanded an additional ₹8 lakh. When Sharma refused, they blocked his account, cutting off all access to his funds.
Sensing the fraud, Sharma immediately approached the authorities. Additional Deputy Commissioner of Police (Crime) Sachidanand stated that the investigation is underway, and efforts are being made to trace the accounts where the funds were transferred. Special teams have been deployed to track down the scammers involved.
Cryptocurrency scams have become a growing concern, with many unsuspecting individuals falling prey to promises of large profits. Police are urging the public to remain vigilant and avoid engaging in such schemes without thorough verification.
