Bengaluru Doctor Loses Rs 4.47 Crore in Cryptocurrency Investment Scam
A Bengaluru doctor lost Rs 4.47 crore to a cryptocurrency investment scam after being lured by promises of high returns and fictitious profits on a fake trading platform.
The 50-year-old surgeon, who works at a private hospital, was initially contacted on WhatsApp in the first half of August by an unknown woman claiming to be an investment adviser. She explained cryptocurrency trading and promised substantial profits within a short period.
She later introduced him to another person as a trading analyst who could assist with investments. The doctor was offered a deal where his money would be traded through a platform, with 30% of the profits going to the accused as commission.
The scam came to light when he tried to withdraw the supposed profits, but the accused demanded additional payments for taxes, processing charges, and other fees.