Pune businessman duped of Rs 23 lakh in Bitcoin investment scam


Pune businessman : In a shocking incident, a businessman from Pune was recently duped out of almost Rs 23 lakh by online scammers who promised him large returns in exchange for his investment in the Bitcoin market. The victim, who has been identified as Mr. Rakesh Gupta, was lured into investing his hard-earned money in the digital currency by the fraudsters who promised him high returns on his investment.

According to sources, Mr. Gupta had received a call from an unknown person who claimed to be a representative of a popular Bitcoin trading platform. The fraudster had convinced Mr. Gupta to invest his money in the Bitcoin market by promising him a guaranteed return of 10% per month. The victim, who was initially hesitant, was eventually persuaded to invest his money in the hope of making a quick profit.

However, after making the investment, Mr. Gupta was shocked to find that he had been duped by the scammers. Despite repeated attempts to contact the fraudsters, he was unable to get his money back. Mr. Gupta subsequently lodged a complaint with the local police, who have now launched an investigation into the matter.

This incident once again highlights the growing problem of online scams and frauds in the country, particularly in the wake of the Covid-19 pandemic. As more and more people turn to online platforms for their financial transactions, it is important for individuals to be cautious and vigilant when dealing with unknown entities or making investments in unverified schemes.


The police have issued a warning to the public to be wary of such fraudsters who lure people into investing their hard-earned money with promises of high returns. They have urged people to exercise caution and to verify the credentials of any investment scheme before parting with their money.


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