Crypto Scam with a High-Return Trap
A 46-year-old woman from Kursk, Russia, fell victim to a sophisticated crypto investment scam over the past year, losing up to 28 million rubles. The fraud began when she met a man claiming to live in an Arab country through an instant messaging platform.
Calculated Steps in the Fraud
Promising high returns, the scammer led her to download what he claimed was a crypto investment app, gradually convincing her to invest more. The victim not only used all her savings, but also sold three apartments, a car, and a gold bar, and even took out bank loans and borrowed money from friends and family.
Scammer Disappears, Leaving Victim in Ruins
Once she had no more funds to invest, the scammer vanished—deleting all chat records and cutting off contact. Russian authorities have launched an investigation to trace the fraudster and his accomplices.
Similar Cases Warn Investors to Stay Alert
This is not an isolated case. Previously, a woman in Kirov lost over 2 million rubles after trusting a fake crypto exchange investment offer. Experts warn that such scams often exploit human psychology, and investors must stay vigilant against promises of high returns.
- Never blindly trust investment advice from strangers
- Verify platform legitimacy before downloading any apps
- Do thorough research and stay rational before investing