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Nagpur MBA Student Duped Of Rs 28 Lakh In Crypto Fraud By Man Who Posed As Investment Advisor On Telegram

 A fraudster, posing as an investment advisor, approached the student via Telegram messaging platform on Nove☂mber 17, 2023, and advised him to invest in cryptocurrency, say🌳ing it will give him good returns.

ED Attaches Assets Of Kerala Man Who Duped Investors Of Rs 1,200 Cr By Offering Cryptocurrenc💮y
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A 28-year-old MBA student in Maharashtra's Nagpur has allegedly been duped of Rs 23 lakh by a man who posed as an investment advisor and approached him via Telegram messaging platform for a cryptocurre🧔ncy plan.

The 28-year-old man, hailing from West Bengal's Hooghly, was lured by a person to invest in a cryptocurrency scheme. The person promi🦩sed the student good returns.

A fraudster, posing a✤s an investment advisor, approached the student via Telegram messaging platform on November 17, 2023, news agency PTI quoted an official from Wathoda police station as sayin🐟g on Tuesday.

The student initially deposited Rs 1,000 ꦺinto a bank account specified by the person and received Rs 1,400 in return, thereby reinforcing his beli♔ef in the scheme, the official said.

Over a period of time❀, the studen🍒t ended up depositing a total of Rs 23 lakh into the account, hoping to get profits as promised.

However, the student neither received thꦿe promised returns nor was he able to retr♓ieve the invested amount, the official said.

Based on the student's complaint, the Wathoda police on Tuesday registered a case under relevant provisions of the Indian Penal Code an🤪d the Information Technology Act and were conductinꦿg a probe into it.