A 41-year-old immigration staffer working with the Malaysian Consulate in Bandra West was allegedly cheated of Rs 78.85 lakh in a cryptocurrency investment scam that began on Instagram and moved to WhatsApp before funds were siphoned off through multiple bank accounts.

Invested through website

The complainant, a resident of Kanjurmarg, was added to a WhatsApp group named ‘EG Plan’ through Instagram on January 20, 2024. The group, which had around 50 members, was administered by individuals identifying themselves as Mayati Gupta and Arjun Singh. They shared stock market and IPO-related tips and encouraged members to invest in cryptocurrency through a website www.senxaxaa.com.