<p>Nagpur: A 28-year-old man pursuing MBA from a college in Maharashtra's Nagpur city has allegedly been duped of Rs 23 lakh after being promised lucrative returns in cryptocurrency investments, police said.</p>.<p>A fraudster, posing as an investment advisor, approached the student via Telegram messaging platform on November 17, 2023, an official from Wathoda police station said on Tuesday.</p>.<p>The person lured the student, hailing from Hooghly in West Bengal, to invest in a cryptocurrency scheme while promising him good returns.</p>.<p>The student initially deposited Rs 1,000 into a bank account specified by the person and received Rs 1,400 in return, thereby reinforcing his belief in the scheme, the official said.</p>.Bengaluru man lured by woman he met on matrimonial site loses Rs 76 lakh in cryptocurrency con.<p>Later, over a period of time, the student ended up depositing a total of Rs 23 lakh into the account, hoping to get profits as promised.</p>.<p>However, he neither received the promised returns nor was he able to retrieve the invested amount, the official said.</p>.<p>Based on the student's complaint, the Wathoda police on Tuesday registered a case under relevant provisions of the Indian Penal Code and the Information Technology Act and were conducting a probe into it, he added. </p>
<p>Nagpur: A 28-year-old man pursuing MBA from a college in Maharashtra's Nagpur city has allegedly been duped of Rs 23 lakh after being promised lucrative returns in cryptocurrency investments, police said.</p>.<p>A fraudster, posing as an investment advisor, approached the student via Telegram messaging platform on November 17, 2023, an official from Wathoda police station said on Tuesday.</p>.<p>The person lured the student, hailing from Hooghly in West Bengal, to invest in a cryptocurrency scheme while promising him good returns.</p>.<p>The student initially deposited Rs 1,000 into a bank account specified by the person and received Rs 1,400 in return, thereby reinforcing his belief in the scheme, the official said.</p>.Bengaluru man lured by woman he met on matrimonial site loses Rs 76 lakh in cryptocurrency con.<p>Later, over a period of time, the student ended up depositing a total of Rs 23 lakh into the account, hoping to get profits as promised.</p>.<p>However, he neither received the promised returns nor was he able to retrieve the invested amount, the official said.</p>.<p>Based on the student's complaint, the Wathoda police on Tuesday registered a case under relevant provisions of the Indian Penal Code and the Information Technology Act and were conducting a probe into it, he added. </p>