Hubballi Resident Falls Victim to Cyber Crime, Loses Rs 50 Lakh in Online Earning Scam

Hubballi: The allure of easy money online often proves too tempting to resist, as was the case for a 47-year-old resident of Arvind Nagar in Hubballi. The victim, an employee of a private company, lost over Rs 50 lakh to cybercriminals who lured him into a lucrative but fraudulent online earning scheme.

The victim’s ordeal began with a message on Telegram, a cloud-based messaging app. An unknown user contacted him, promising easy daily earnings of Rs 10,000 to Rs 30,000 for completing simple tasks. All the victim needed to do was invest some money to get started.

Initially, the scheme seemed legitimate. The fraudsters promptly paid the victim for completing the initial tasks, further solidifying his belief in the scheme. However, as time passed, the tasks became more complex, and the required investments grew larger. Blinded by the promise of easy money, the victim continued transferring money from his two bank accounts to complete the tasks, oblivious to the fact that he was being scammed.

It wasn’t until he realized a significant sum of money had been drained from his accounts that the victim finally understood he had been duped. He immediately reported the incident to the Cyber Crime Police, who are now actively investigating the case.