Lucknow: One located in Indira Nagar Businessman In Lucknow, a fraud of Rs 13 lakh was done through a Chinese app. The victim was first lured on social media by a Chinese woman promising double return on investment.
The woman showed him how other customers who invested in her scheme got six times profit, telling him that she would convert his money into ‘cryptocurrency’, which would give him huge profits. “I was given a link on WhatsApp by a Chinese lady and asked to download an app. Thereafter, she asked me to transfer money from my bank account and link it to the app. I was authorized by an Indian firm The leaflet was also shown. To make it appear genuine,” said the victim, who did not wish to be named.
The victim said that he was promised huge profits after converting all his cash into ‘cryptocurrency’. “As soon as I transferred money from my account through that app, it got blocked,” he said. “The woman blocked my number and then there was no contact. After that I informed the police,” he said.
SP Cyber Cell Triveni Singh Said money in such frauds is converted into cryptocurrency and transferred to China under the guise of business transactions done using shell companies.
The woman showed him how other customers who invested in her scheme got six times profit, telling him that she would convert his money into ‘cryptocurrency’, which would give him huge profits. “I was given a link on WhatsApp by a Chinese lady and asked to download an app. Thereafter, she asked me to transfer money from my bank account and link it to the app. I was authorized by an Indian firm The leaflet was also shown. To make it appear genuine,” said the victim, who did not wish to be named.
The victim said that he was promised huge profits after converting all his cash into ‘cryptocurrency’. “As soon as I transferred money from my account through that app, it got blocked,” he said. “The woman blocked my number and then there was no contact. After that I informed the police,” he said.
SP Cyber Cell Triveni Singh Said money in such frauds is converted into cryptocurrency and transferred to China under the guise of business transactions done using shell companies.