
Indian accountant loses US$2.2M in crypto scam
- An Indian accountant lost more than US$2.2 million in a cryptocurrency investment scam.
- Police are tracing bank accounts, phone numbers and a fake trading website.
- Authorities warned people not to trust crypto investment offers from strangers online.
A 70-year-old Indian chartered accountant lost more than ₹21.06 crore, or US$2.2 million, in a fake crypto investment scam.
Scammers contacted Ashok Vijayvargiya on social media and showed fake profits to gain his trust.
Police are tracing 20 bank accounts, three WhatsApp numbers and the fake trading website used in the scam.
The scammers refused his withdrawal requests after convincing him to invest more money.
Police linked the case to similar crypto investment scams reported in other Indian states.
Authorities urged people to ignore investment offers from strangers and report suspected scams immediately.
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