A Dombivli resident lost Rs 21.9 lakh in a Bitcoin investment scam after being lured by cyber fraudsters with promises of high returns. Police have launched an investigation under the Information Technology Act

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A 33-year-old man from Dombivli in Maharashtra's Thane district has reportedly fallen victim to cyber fraud, losing ₹21.9 lakh in a fraudulent Bitcoin investment scheme, according to PTI reports.
The complainant, whose identity remains undisclosed, was contacted via an international phone number. The caller, posing as a representative of a lucrative trading platform, persuaded him to invest in Bitcoin, claiming substantial returns, a police official revealed.