The victim had given $19,000 to the accused for investment in bitcoin but never got it back
The lack of knowledge among common investors about cryptocurrencies and how to safely invest in them is resulting in a growing number of frauds.
In a recent example, the Crime Investigation Department (CID) of Ahmedabad Police in India’s Gujarat province registered a case where the victim was duped of Indian Rupees (Rs.) 22 lakh (approximately $27,000).
As per the First Information Report (FIR) lodged with the police, Harshad Patel was introduced by his friend and business partner Kamlesh Patel to a couple to help him invest in bitcoin in 2017.
The couple, Alpesh Suhagia and his wife Bharti Suhagia tried to convince Harshad to invest in BTC, saying its price had soared to Rs. 70,000 in 2017 from Rs. 10 in 2009. This prompted Harshad to give Rs 15 lakh (approximately $19,000) to the Suhagia couple to invest in bitcoin on his behalf.
Scammers like this make it difficult for people to trust Bitcoin. I have come across several of them in my time, but I always ignore them. Why not try out jobs in bitcoin like writing, content creation, instead of scamming or even join companies that are changing the world with Bitcoin like Square and Social Good instead of scamming. Come on now.
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source https://www.reddit.com/r/btc/comments/tqfh2x/indian_couple_dupes_bitcoin_investor_promising/
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