Noida Man Loses ₹62 Lakh in Cryptocurrency Scam

A 46-year-old Noida man was scammed out of ₹62 lakh in a twisted crypto fraud that has police alarmed. Ramjeet Singh’s case reveals the dangers lurking in online trading schemes.

Details of the Fraud Unveiled Through Social Media

Scam Case Involves Online Cryptocurrency Fraud A 46-year-old Noida man was recently duped of ₹62.43 lakh in an elaborate online fraud scheme, as confirmed by local police. The victim, Ramjeet Singh, a resident of Raheda village in Greater Noida, was approached by a woman claiming to be from China. She reportedly pretended to be named Miyongli and maintained that she worked for an online store that allowed her to earn $1,000 daily through order completions. This enticing proposition set the stage for the scam.

The investigation into Singh’s case highlights the growing threat posed by cryptocurrency scams, particularly through social media channels. Misleading claims and high returns can easily pull in unsuspecting victims, often resulting in devastating financial consequences. As authorities continue tracking down this elaborate scam, it is imperative for individuals to remain cautious and informed about online investments.