Crypto Currency Fraud a new trend in Cyber Crime

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Cryptocurrency in use by pixahive
Cryptocurrency in use by pixahive
ShyamSundarCoJwellers

Ahmednagar’s young professional was trapped into Crypto Currency Fraud of Rs.13000/-

Cyber-crimes have lately been on the rise. There has been yet another instance of bitcoin cyber-fraud with a professional from Ahmednagar, Maharashtra. The victim paid Rs.5000 to an alleged social media agent who promised quick returns within a span of 15 minutes. However the alleged accused kept demanding more money by coming up with all sorts of excuses like verification of account for international transaction, minimum refundable amount for double returns etc. Most people fall prey to such seemingly alluring deals.The victim was quick to realize that this was a big mistake and demanded his Rs.5000 to be returned. However he was reassured that by payment of Rs.8000 more, the entire amount would be deposited in his account with the returns, Rs.8000 being refundable. The victim warned the accused to return his money, but it was all in vain.

A further demand of Rs.15,000 was made in return of Rs.52,000 as profit by investing in online trading. A complaint was filed with the Ahmednagar police and subsequently an FIR was lodged against the accused. The police and cyber cell department is currently investigating the matter and looking into it to catch hold of the accused as soon as possible.

The complainant’s Advocate and Cyber Lawyer Sattyajeet Karale Patil advises every person to be on your guard and look out for such agents who claim to be crypto-experts providing legal and professional online trading on social media and other unreliable sources. He further enlightens us that only invest your precious monetary assets under verified and authentic websites or companies.

All authentic Crypto Currency companies must take strong action as these frauds damaging the image of the Crypto Currency in public space.

Cyber Lawyer Sattyajeet Karale Patil
Cyber Lawyer Sattyajeet Karale Patil

Cyber Lawyer Sattyajeet Karale Patil, a resident from Pune, fighting the cyber fraud in pan India basis. Young professional, a Rotary leader for the society works round the clock to support people’s cause and uphold India and her dignity.

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