IMG-LOGO

Fraud is increasing in India in the name of Crypto Currency

huntcleaner - 2024-07-23 15:47:39

image.png
Image source


Hello, ph members takoana is here Indore is a city of India and Indore Police has issued an advisory to raise awareness about investment and crypto scams and this was much needed. Every field has advantages and disadvantages and the newbies must learn both the positive and negative sides of cryptocurrency. The Crime Branch police of Indore City have launched a digital cyber advisory campaign and it features important video content to inform Users about these fraudulent activities.


Talking about the video content then it explains deeply how cyber scammers and criminals are using social media platforms to lure people into the trap of investing in fake crypto projects schemes. First They post fake screenshots of lucrative profits in their post, stories, statuses, and reels, and this way they are convincing people to invest. These criminals then disappear with the fund before extorting additional funds under the guise of GST tax. So this is how they are fooling people and it is necessary to regulate crypto.


The government is enjoying 30% tax and 1% tds but in return, there is no safety for the crypto users. Now the question is, why the hell are they taking taxes from the users? This is not fair at all and in the recent budget, they do not even improve this bad taxation.


Moreover, cyber scammers are using messages and phone calls to impersonate the victim's friends and family, and not only this but they are convincing them to transfer funds under various pretexts like resolving bank-related issues or else returning the transferred amount. Getting contacts is easy for them which is why do not give permission to any app. These tactics are specially designed to win the trust of innocent victims and eventually dupe them. So this is happening in india and you have to be careful. thanks takoana signing off.