31 July 2025: Chandigarh and across Punjab and Haryana, cyber fraud cases are rising rapidly. While digital arrest scams are increasing on one hand, crypto investment frauds are also growing at an alarming rate. Police have been receiving numerous complaints about how fraudsters add people to Telegram groups, lure them with promises of high returns, and convince them to invest in crypto schemes. Eventually, they shut down the groups after scamming people of lakhs and crores of rupees and vanish without a trace.
News18 spoke with a cyber expert to understand how these crypto scams work, how people are trapped with false promises, and how their bank accounts are emptied. These scams are often run by organized networks based outside India, operating across various countries.
Cyber expert Rajesh Rana explained that most complaints nowadays are linked to crypto investment frauds. Scammers add people to Telegram groups and then share fake applications they’ve created. These apps show fake dashboards where it appears that people are earning huge profits — even earning thousands of dollars every month. They tell users, “You can also earn like this,” and manipulate them into investing money.
But people often forget one crucial fact — huge profits never come so quickly or easily. By the time they realize the truth, they’ve already fallen victim to a well-planned scam.
Summary :
Authorities have issued a cyber alert warning users not to engage with suspicious WhatsApp messages, as they may lead to bank fraud and account theft.