Lured into investing in crypto trade, late ex-serviceman’s wife loses Rs. 3 lakh
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Lured into investing in crypto trade, late ex-serviceman’s wife loses Rs. 3 lakh

December 9, 2022

Mysore/Mysuru: Online fraudsters have cheated an ex-serviceman’s wife of over Rs. 3 lakh after luring her son to invest in crypto trading by making him believe that the invested money would be doubled.

The mother and son, who were cheated are 37-year-old Latha and her son Naveen Kumar, residents of Hanchya village in the taluk.

Latha’s husband ex-Service man Mahadevappa, had passed away three months ago and his insurance amount of Rs. 5 lakh was deposited in his Bank account.

Naveen Kumar, who has an Instagram account, was browsing the pages when he came across Richness Crypto Trader profile. On Oct. 18, he chatted with one Jessica Maria of Richness Crypto Trader, who made him believe that by investing Rs. 10,000 he would get Rs. 1.30 lakh. Believing her, Naveen transferred a total of Rs. 3,00,890 in phases from the Phonepe account linked to the Bank account of his late father, without bringing it to the notice of his mother.

On Oct. 29 morning, Latha noticed a message on the mobile phone about Rs. 40,000 being transferred from the account on the previous day. She immediately went to the Bank and withdrew the remaining amount from the account.

When she enquired her son about the money being transferred from her husband’s account, Naveen revealed of investing the money in crypto trade.

In her complaint to Cyber Economic and Narcotics (CEN) Crime Police, Latha has stated that though she is requesting Maria to return the money, she has not transferred a single rupee and has cheated her (Latha).

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The District CEN Police, who have registered a case, are investigating.

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