The cyber police have started investigation into a multi-crore cryptocurrency fraud in which a businessman from Kozhikode district was allegedly cheated. The complainant who approached the District Police Chief (Kozhikode City) recently for action claimed that he had lost a total sum of ₹2.85 crore.
According to police sources, the man made the investments in July and August, responding to promotional campaigns by a few women on Instagram. He had also been added to a Telegram group that had over 3,000 members.
