A sophisticated cybercrime syndicate operating across China and Indonesia has been linked to a Rs. 58 crore “digital arrest” scam that defrauded multiple victims in Mumbai. The scheme, executed through psychological coercion and advanced technology, involved impersonation of law enforcement officials and manipulation of digital payment platforms. Investigators uncovered that the fraud was coordinated through… Continue reading Rs. 58 Crore Mumbai ‘Digital Arrest’ Scam Exposed: Cyber Network Traced to China and Indonesia
Tag: Scam
36-Year-Old Loses ₹1.11 Crore in Bitcoin Investment Scam
A 36-year-old investor has reportedly fallen victim to a sophisticated Bitcoin fraud, resulting in losses totaling ₹1.11 crore. The scam, involving fraudulent cryptocurrency platforms and deceptive investment schemes, underscores the growing risks associated with digital asset investments. Authorities have launched an investigation to trace the perpetrators and recover funds, highlighting the challenges of policing virtual… Continue reading 36-Year-Old Loses ₹1.11 Crore in Bitcoin Investment Scam