Kolkata Businessman Defrauded ₹1 Crore in Crypto Scam via Matrimonial Site

Authorities report that a businessman from Kolkata, India, lost approximately ₹1 crore after being tricked into a cryptocurrency fraud by a woman he met on a matrimonial platform.

Summary

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Terms & Concepts
  • Cryptocurrency Scam: A fraudulent scheme involving digital currencies, often aimed at deceiving victims into sending crypto that cannot be recovered.
  • Matrimonial Site: An online platform designed for matchmaking, often used for seeking marriage partners but occasionally exploited by scammers.