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Part-Time Job Scam: Software Engineer Loses Rs 3.30 Lakhs in Bitcoin Fraud
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Part-Time Job Scam: Software Engineer Loses Rs 3.30 Lakhs in Bitcoin Fraud
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News18
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03-03-2026, 07:53
Part-Time Job Scam: Software Engineer Loses Rs 3.30 Lakhs in Bitcoin Fraud
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A software engineer from Mallapur, Balapur Mandal, was defrauded of Rs. 3.30 lakhs in a cyber scam.
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Fraudsters lured the victim with a part-time job offer, initially paying Rs. 8,500 for small online tasks to build trust.
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The scam escalated to Bitcoin trading, where the victim was added to groups with fake profit screenshots, leading to a Rs. 3.30 lakh investment.
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When attempting to withdraw the supposed Rs. 6.40 lakh profit, fraudsters demanded more money for 'processing fees and taxes'.
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Police warn against online task scams, unknown links, and advise calling 1930 if victimized.
Read Full Article on News18 in Telugu
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