The cybercrime police in Coimbatore have initiated an investigation after a local resident, S. Krishnakumar, a 50-year-old from M.G. Colony in Vadavalli, was cheated of a staggering Rs1.14 crore in an elaborate part-time job-cum-investment scam.
According to the police, Krishnakumar filed a complaint stating that he had been duped of Rs1,14,15,679 by a group of online fraudsters who lured him with promises of earning money through a part-time job and investment opportunities. The scammers convinced Krishnakumar to invest large sums, presenting the scheme as a legitimate way to generate profits from simple online tasks and investments.
After the money was transferred to the fraudsters’ accounts, the victim realized he had been deceived when promised returns and job opportunities failed to materialize.
The cybercrime police are currently investigating the case, tracing the suspects and examining the digital trail left by the scammers. Authorities are working to uncover the full extent of the scam and identify any other potential victims who may have fallen prey to similar fraudulent activities.