Cyber Fraudsters Target Investors with Fake Crypto and Job Schemes
Police in Mumbai, Chandivali and Indore have arrested suspects following investor losses exceeding ₹40 lakh.
Overview
- Fraudsters pose as women on matrimonial sites and social media to befriend targets before pushing fake cryptocurrency or stock-trading apps.
- In Mumbai’s Andheri, a 29-year-old manager transferred ₹32.88 lakh into a bogus crypto platform promoted by a scammer claiming to work for Boost Base.
- A 44-year-old Chandivali man was coaxed into depositing over ₹40 lakh in a counterfeit stock trading scheme that promised inflated returns.
- Victims also include a 35-year-old Indore homemaker who lost ₹24.16 lakh in a false part-time job offer and an Andheri resident extorted of ₹15 000 under a bogus work-from-home pretext.
- Cyber units have registered multiple FIRs under the IT Act and IPC, arrested suspects including six in Faridabad, and are freezing assets while tracing mule accounts.