Chandigarh, March 5 -- A local businessman from Chandigarh has fallen victim to a cryptocurrency scam, losing 6,107 USDT (tether) to an alleged online fraud network. The victim, Nitin Kumar, a resident of Sector 30-B, reported the case to the police after realising he was tricked into investing in a fraudulent trading platform.

According to the FIR, Nitin Kumar, who runs a coaching centre, received a Facebook friend request in November 2023 from an account appearing to belong to a woman. The person behind the account engaged in frequent chats with him and later offered him a part-time job involving investments in USDT through a website.

Initially, Kumar followed the instructions given and was assured salary payments every 10 days. Howev...