HYDERABAD: A social media user from Kondapur was duped of Rs 2.89 lakh by conmen posing as Bitcoin traders. Three persons whose antecedents are not known yet were booked.
The victim came across an advertisement on Telegram, offering various financial investment schemes and fell for it. He was included in a Telegram group by the accused and made to believe that the persons who are facilitating the bitcoin trade are foreign nationals whose names went by Amanda William, Lucy Alton and Jeremy Williams. The trio has been booked under the IT Act.
After collecting Rs 2.89 lakh, the accused blocked the person in the group and became inaccessible when he tried to reach them. The victim was under the belief that he was doing Bitcoin trading for two months. Following instructions, the victim created a profile on Trust wallet. The complainant sent money on different instalments hoping that he is going to get huge profits.
“His first investment sent through the wallet was $200 and he thought he can earn $1,000. On a website created by the accused, the victim’s balance showed that he was getting the promised profits and the same was getting reflected. However, the money was not getting transferred to his wallet,’’ cyber crime sleuths said.
It was then he approached Cyberabad police complaining that he had lost Rs 2.89 lakh.