Cyber fraud: Panipat man duped of ₹ 2 crore

The victim alleged that he came in contact with a woman on social media, who claimed to be a foreigner and she gave him lucrative offers to earn higher returns by investing in cryptocurrency

: In a case of cyber fraud, a Panipat-based man has been allegedly duped of ₹ 2 crore by a woman, who claimed to be a foreigner and lured him into investing in cryptocurrency promising him higher returns.

Cyber fraud: Panipat man duped of ₹2 crores

Ashok Kumar, incharge of cyber police station, Panipat, said that on the complaint of the victim, Ankul, of model town in Panipat, police have registered a case under sections 419, 420 of the Indian Penal Code.

In his complaint, the victim alleged that he came in contact with a woman on social media, who claimed to be a foreigner and she gave him lucrative offers to earn higher returns by investing in cryptocurrency. She allegedly gave a fake application to him. He got good returns in few investments in the beginning and later, the woman asked him to make a big investment to double his profit.

Ankul alleged that since July, he had transferred ₹ 1.22 crore in various bank account numbers sent by the woman. He alleged that when he tried to withdraw the money from his wallet, he was asked to pay ₹ 1.30 crore as tax. He claimed that he could not withdraw the money even after paying ₹ 80 lakh as tax.