A doctor in Guntur, India, has fallen victim to a cryptocurrency investment scam, losing 130 million rupees (approximately $1.56 million). The fraudsters lured the victim through a fake crypto investment platform, promising high returns and displaying false profits on the account page to encourage further investments. When the doctor attempted to withdraw funds, the requests were repeatedly blocked or delayed.
Local police have launched an investigation into the incident, suspecting the involvement of an organized cybercrime group. The case highlights the ongoing risks associated with fraudulent crypto schemes and the need for increased vigilance among investors.
Indian Doctor Loses $1.56 Million in Crypto Investment Scam
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