Navi Mumbai: 56-Year-Old Loses ₹72.70 Lakh in Crypto Investment Scam

• A 56-year-old loan consultant from Belapur, Navi Mumbai, was defrauded of ₹72.70 lakh in a cryptocurrency investment scam.
• Unknown individuals lured the victim with promises of high returns on crypto investments.
• Scammers initially paid small returns to build trust, then convinced the victim to invest larger sums.
• The victim deposited money into various bank accounts via online platforms between May 2024 and December 2025.
• His account was blocked, and the fraudsters ceased communication, leading him to realize the fraud and file a police complaint.

Why It Matters: A Navi Mumbai man lost ₹72.70 lakh to a crypto investment scam, highlighting rising online fraud.