Musheerabad engineer loses ₹54 lakh in crypto scam

HYDERABAD: A Musheerabad resident working as an engineer with the South Central Railway was duped of ₹54 lakh in a cyber fraud linked to a matrimonial website.
The engineer had registered his profile on a leading matrimonial platform seeking marriage. He later came in contact with a woman through another matrimonial portal. They spoke for a few days.
During their conversations, she claimed she had earned large profits through cryptocurrency investments. She persuaded him to invest as well and shared links for the same.
In 29 transactions, the engineer transferred ₹54 lakh. When he realised he had been cheated, he approached the City Cyber Crime police station and lodged a complaint.
Fake profiles use photos of attractive women
Police said cyber criminals are targeting those using matrimonial websites for alliances. They create fake profiles using photographs of women downloaded from the internet and claim to be working in multinational companies abroad or pursuing higher studies.
After initiating contact through online dating platforms or social media, they build trust through regular chats. In some cases, they threaten victims using obscene video calls and extort money.
Police said at least 15 people were cheated in similar cases over the past month.
Police warn against discussing investments online
Shivamaruthi of the Cyber Crime wing said people should be cautious if a person met through a matrimonial site begins discussing investments.
“Do not trust unofficial websites or unknown links. Verify the person’s details before proceeding with marriage talks. Remember that online dating platforms are often used by cyber criminals,” he said.
Police said fraudsters initially promise marriage, claiming they are abroad and will return to India soon. After gaining trust, they convince victims to invest in cryptocurrency, assuring high returns in a short period.
They send links and even show small profits to build confidence. When victims try to withdraw their investment, they are asked to pay additional charges. If questioned, the fraudsters block them on social media and disappear.
Police advised citizens to remain alert while using matrimonial platforms and to report suspicious activity immediately.

