India News | Man Loses Rs 21.9 Lakh in Bitcoin Fraud in Thane District

Get latest articles and stories on India at LatestLY. A 33-year-old man from Maharashtra's Thane district was allegedly cheated of Rs 21.9 lakh by cyber fraudsters who lured him to trade in Bitcoin, police said on Sunday.

Thane, Dec 8 (PTI) A 33-year-old man from Maharashtra's Thane district was allegedly cheated of Rs 21.9 lakh by cyber fraudsters who lured him to trade in Bitcoin, police said on Sunday.

The complainant, a resident of Dombivli, received a call from an overseas phone number, and the caller lured him to trade in Bitcoin, assuring him of lucrative returns, an official said.

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He said the man transferred Rs 21.9 lakh from November 8 to December 3. However, when he sought returns on his investment, the fraudsters did not respond to his calls or messages.

The police have registered a case under the Information Technology Act, and a probe is underway, the official said.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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