VISAKHAPATNAM: Youths from areas of Vizag city were exposed to crores of rupees to cybercrooks who convinced them to invest and trade in cryptocurrencies like bitcoin.
An employee with a private company in Vizag city has filed a complaint with the cybercrimes police saying that he had received a WhatsApp message from an unknown number.

A woman introduced herself as a Hong Kong resident, and said her name was Wenxue Li. He worked for UBS-Hong Kong as a cryptocurrency analyst.
He asked him to invest in crypto currencies. He guided him through the process of opening a Binance account and a UBST account.
He followed the instructions and made some profits on the first investment.
He earns interest and invests (including profit) about $1164318 (9.6 crore). However, he tried to withdraw the amount after a month, but he could not do it. He realized he was being tricked and went to the police.
In another incident, a 40-year-old man from Vizag told the police that an unknown person had added him to a WhatsApp group.
The scamsters told the details of investing and trading in bitcoin and enticed him to invest in bitcoin.
He has invested over 50 lakh and the revenue is close to 2.5 crore. He then decided to withdraw the money but his attempt was futile as they did not return the money. The victim went to the police.
Talking to TOI, the police chief, cybercrimes police station, Vizag, K Bhavani Prasad said that cybercrooks are growing in technology and are coming up with new ways to cheat people. people in Vizag city. “We believe that more than 100 people from the city have lost rupees worth of rupees to crypto/bitcoin scams in recent months. However, very few people have complained. to the police. We have started an investigation to identify the accused in the cybercrimes, added Bhavani Prasad.



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