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How 15,000 Indians were duped of over Rs 700 Cr

  • 15,000 Indians, including software professionals, duped in a Rs 700 crore cryptowallet fraud by Chinese operators.
  • The scam involved luring victims through platforms like Telegram and WhatsApp to perform simple tasks, like liking YouTube videos or writing Google reviews, and promising lucrative returns.
  • Victims were initially asked to invest small amounts and were paid some profits to gain their trust. However, they were later coerced into investing more money and ultimately lost significant sums.
  • Nine people arrested in India, over 113 bank accounts used, funds converted into cryptocurrency and routed to China via Dubai.

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