A Russian Woman Falls Victim to "Crypto" Investment Scam, Sells Three Houses and Takes on Debt to "Invest"

BlockBeats News, January 13th: A 46-year-old woman in Kursk, Russia, fell victim to a "high-yield cryptocurrency investment" scam and transferred 28 million rubles (about $357,400) to the fraudster.

According to the police, the scam lasted about a year. The suspect approached the victim through messaging apps, claiming to live in an Arab country, and used cryptocurrency investment and assistance in moving abroad as bait to induce the victim to download related apps and make continuous transfers. The victim sold three houses, a car, and gold bars, and went into debt for "investment," and after the funds were depleted, the fraudster disappeared. (Bitsmedia)