An Indian businessman lost a staggering âč1.92 crore ($221k) after falling victim to a fake crypto investment scheme that started with a simple friend request on Facebook. đ±đ
The scam unfolded as the victim was lured by a woman claiming to be involved in a gym equipment business in Dubai and Mumbai. After building trust, she introduced him to a "lucrative" crypto platform, promising high returns. đž However, after multiple investments, the businessman was hit with a 20% upfront tax fee when attempting to withdraw his fundsâonly to realize it was all a scam. đ
đŽ Red Flags to Watch Out For:
Unsolicited investment opportunities on social media.
Untraceable "high-ranking" connections to add credibility.
Hidden fees or taxes when trying to withdraw funds.
đĄ Lessons Learned:
Always educate yourself about crypto investments and stick to trusted platforms. đš The crypto world can be riskyâdon't let scammers take advantage of your trust. Stay safe and double-check before investing! â
#ScamAwareness #CryptoSafety #InvestWisely #stayvigilant #CryptoDash