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The Times of India
The Times of India
National
Jaskaran Singh | TNN

Haryana: Man duped of Rs 2 crore in name of cryptocurrency

KARNAL: A man has been duped of Rs 2 crore by a cyber fraudster promising good returns on investment in cryptocurrency.

Panipat police have registered a case under section 419, 420 of the Indian Penal Code at the cyber police station.

In his complaint, the victim identified as Ankul of model town in Panipat said that he came in contact with a foreign-based lady, who trapped him in an investment scheme.

The accused informed the complainant that he can make huge money by investing money in cryptocurrency through the fake application.

He claimed that initially, he invested a small amount and made a profit. Later he was asked to invest more. Since July this year, the complainant transferred Rs 1.22 crore in various bank accounts sent by the accused.

It is alleged that when the complainant tried to withdraw profit from the wallet, he was asked to pay Rs 1.30 crore as a tax fee. Despite, paying Rs 80 lakh as tax, he failed to get the amount back. He then realized he has been cheated and subsequently, he lodged a police complaint.

Ashok Kumar, SHO, cyber police station Panipat said that acting on his complaint, a case has been registered against an unknown person under relevant sections and the investigation is underway.

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