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Thane Man Loses Rs 47.47 Lakh In Cryptocurrency 'Investment' Scam

Summary by NDTV
A 38-year-old man from Maharashtra's Thane district was allegedly duped of Rs 47.47 lakh by fraudsters who lured him to invest in cryptocurrency, police said on Monday. Unidentified persons contacted the complainant, a resident of Dombivli town, through WhatsApp and phone calls between February 22 and March 17, promising him high returns on investing in cryptocurrency, an official said. He said the accused convinced the man to deposit money in d…

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CryptoPanic broke the news in on Monday, March 24, 2025.
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