1 year ago
66
Not a few but certainly a trending scam in India is reaping off innocent people who are looking for fast cash online schemes. One of the biggest scams this year that caught more than 15,000 people in India with a cumulative loss of over INR 700 crore has been highlighted. Turns out, the scam works by asking innocent users to post Google reviews and liking YouTube videos for monetary returns.
The last case around this scam was reported by a person in Hyderabad. According to him, the complainant (to the local crime branch) was duped off INR 28,00,000/-. The scam isn’t new but a trending one as it promises fast cash for small jobs. It involves posting Google reviews and liking YouTube videos as part-time jobs where you can earn thousands of rupees by devoting a few hours every day.
It involves paying a sum of INR 5,000/- as investments promising high returns for little effort. Scammers have roped in a lot of people, 15000 at least, who were the victim of this scam with a total loss of INR 700 crore.
The crime branch reported they found 48 bank accounts that were opened against shell companies with a total sum of INR 584 crore scammed from users. It later found additional 113 bank accounts with a sum of INR 128 crore which takes the total of over INR 700 crore.
Later the money will be routed to China through Dubai and then converted into cryptocurrency which is not traceable. The Hyderabad Police found Lebanon-based terror group Hezbollah to be associated with the scam as some of the money got routed to the group as well. The police have so far arrested two people from Ahmedabad, three from Mumbai, and four from Hyderabad and awaiting the arrest of six more associated with this scam.
Caution: If you are approached for such part-time jobs that are offering high returns in no time or say, it sounds ‘too good to be true’, then it’s probably a scam. It is better to steer away from such people or websites and instead, find legitimate opportunities.
English (US)