Kolkata Bizman Duped of ₹1 Crore
- A 30-year-old Kolkata businessman just lost nearly ₹1 crore to a crypto scam that started on a matrimonial site. Crypto India reported that the victim, who lives on VIP Road in Baguiati, filed a complaint with Bidhannagar Cyber Crime Police after being conned through a fake trading app called Bakkttcoin.
- It started innocently enough. The businessman connected online with a woman calling herself Dakshita. After chatting for a while, she pitched him on what she called a “profitable cryptocurrency opportunity” and moved their conversation to WhatsApp. From there, she walked him through what looked like a legitimate investment process, step by step.
- Believing she knew what she was talking about, he transferred money over two months into bank accounts she provided — ₹86 lakh from one account and ₹13.2 lakh from another. She even shared two international “customer support” numbers supposedly linked to the Bakkttcoin platform to make it all seem real.
- This case points to bigger problems in India’s fast-growing crypto space. As regulations get stricter — with higher compliance costs, tax requirements, and reporting rules — some investors try to avoid these expenses by using unregulated platforms. That just makes them easier targets for scams and puts legit companies at a disadvantage.
- Police say romance-investment scams like this are becoming more common in India. Fraudsters mix emotional manipulation with crypto schemes to build trust before cleaning out their victims’ accounts. Getting the money back is tough since these operations usually work across borders and hide their tracks through layered transactions.
- The incident highlights why India desperately needs better public awareness, safer investment options, and stronger protections as digital finance continues to take off.
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