Gynaecologist Loses Rs 1.1 Crore to Cryptocurrency Fraudster


A senior doctor in Mumbai had a cyber fraud experience when he lost around Rs 1.1 crore while investing in cryptocurrency. The 46-year-old gynaecologist, who took a loan of Rs 28 lakh from a friend and used the rest of his own money for the investment, filed a complaint with the cybercrime police station.

The doctor was approached by a woman named Melissa Campbell who claimed to be an expert in crypto trading. She promised him huge returns on investing in cryptocurrencies. As per her instructions, he created an online trading account and invested in BTC, ETH, and USDT worth Rs 1.1 crore.

The woman then asked the doctor to transfer the cryptocurrencies to a different wallet address for more profit. She also told him that taxes and commission had to be paid for redemption of returns. However, the doctor never got any returns and soon realized that he had been deceived.

The doctor filed a complaint at the cybercrime police station, resulting in an FIR being filed under IPC sections for cheating and punishment for cheating by personation by using computer resources under the IT Act.

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