53-Year-Old Thane Resident Duped Of ₹39 Lakh In Cryptocurrency Investment Scam

53-Year-Old Thane Resident Duped Of ₹39 Lakh In Cryptocurrency Investment Scam

The scammers promised lucrative returns on trading and induced him to register on a bogus trading website and transfer money in over a dozen transactions.

Somendra SharmaUpdated: Tuesday, September 02, 2025, 10:44 AM IST
article-image
53-Year-Old Thane Resident Duped Of ₹39 Lakh In Cryptocurrency Investment Scam | File Pic (Representative Image)

Mumbai: A 53-year-old resident of Thane recently fell prey to scammers and lost Rs 39 lakh in a cryptocurrency investment fraud.

The scammers promised lucrative returns on trading and induced him to register on a bogus trading website and transfer money in over a dozen transactions.

About The Case

The case dates back to June 26 last year, when he received a phone call from a person sharing information about the trading website, promising withdrawal of earnings by the end of every month.

Another scammer posed as a fund manager, inducing the man to invest. He could see his earnings on the website from June 26 till December 3, but when he asked for his returns, the scammers started giving evasive replies.

RECENT STORIES

Mumbai: Bombay HC Orders TMC To Remove Fish Market In Thane

Mumbai: Bombay HC Orders TMC To Remove Fish Market In Thane

‘Vacate Azad Maidan By 3 PM’: Bombay HC Tells Manoj Jarange-Patil Amid Maratha Quota Stir

‘Vacate Azad Maidan By 3 PM’: Bombay HC Tells Manoj Jarange-Patil Amid Maratha Quota Stir

Anant Ambani Visits Mumbai's Lalbaugcha Raja 2025 With Tight Security Amid Massive Crowd; Watch...

Anant Ambani Visits Mumbai's Lalbaugcha Raja 2025 With Tight Security Amid Massive Crowd; Watch...

Maratha Reservation Protest Day 5: Railway Police Clear Agitators From CSMT, Road From JJ Bridge...

Maratha Reservation Protest Day 5: Railway Police Clear Agitators From CSMT, Road From JJ Bridge...

Caught On Cam: Woman Sweeper Steals Mobile Phone From Virar Society Flat, Returns After Realising...

Caught On Cam: Woman Sweeper Steals Mobile Phone From Virar Society Flat, Returns After Realising...