Russian woman suffers cryptocurrency scam loss of 28 million rubles

ChainCatcher News reports that, according to the Russian Ministry of Internal Affairs, a 46-year-old woman in Kursk lost 28 million rubles in a year-long cryptocurrency investment scam. The woman met a man claiming to reside in an Arab country through instant messaging software. He lured her with high investment returns, prompting her to download a specific app and engage in “cryptocurrency investment.”

Under the guidance of the scammer, the victim not only invested all her savings but also sold three apartments, a car, and a gold bar, and even took out bank loans and borrowed money from acquaintances. When the victim’s funds were exhausted, the scammer deleted all chat records and went offline.

Russian police stated that they are currently investigating the scammer and his accomplices. Previously, Kirov Region also reported a similar case where a woman lost over 2 million rubles after believing in the investment promises of a cryptocurrency exchange.