Assam Man Held After Rs 10.57 Lakh Crypto Scam Targets Tamil Nadu Woman

Assam Youth Arrested in Big Crypto Fraud Case

A 23-year-old man from Assam was arrested by Tamil Nadu cyber crime police for cheating a woman out of through a fake cryptocurrency investment plan. The case shows how online scams continue to trick people with promises of quick and high profits.

How the Scam Started

The victim is a 27-year-old woman from Panagudi in Tirunelveli district. She joined a WhatsApp group called after getting a link from another group named Family of Gods. Unknown people using foreign numbers then contacted her through someone named Karishma. They told her that even a small amount of money could grow many times in just 45 minutes.

Believing the claims, the woman sent Rs 10.57 lakh in 34 different transactions to several UPI accounts between April 2 and the day she filed the complaint. She even pawned her own gold jewellery and her child’s jewellery to raise the money.

Fake Website and Big Promises

To make her send more money, the fraudsters showed a fake balance of Rs 2.5 crore on a fake website. They said her investment had already made huge returns. The woman only understood it was a scam after her relatives warned her about online fraud.

Police Action and Arrest

After the complaint, Tirunelveli Cyber Crime Police registered the case and arrested Azad Ali from Assam. Officers are now checking if he is linked to other similar cases. They are also trying to trace and recover the lost money.

Why These Scams Keep Happening

Crypto scams often use WhatsApp groups, fake apps, and false profit charts to gain trust. They target people who want fast money without knowing the risks. In this case, the promise of returns in 45 minutes should have been a clear warning sign.

How to Stay Safe From Crypto Frauds

• Never join random investment groups on WhatsApp or Telegram.
• Check if the platform is registered with proper financial authorities.
• Never send money based on screenshots or fake balance displays.
• Talk to family members before making large investments.
• Report suspicious messages to cyber crime police right away.

This arrest is a reminder that quick-rich schemes in cryptocurrency are almost always fake. People should stay alert and verify every offer before sending any money.