Indian police have arrested four individuals involved in a fake cryptocurrency investment scam, primarily operating via WhatsApp. According to the Panchkula Cyber Crime Prevention Team, the suspects defrauded a citizen of 16.30 lakh rupees ( approximately $17,787 USD ) by promising to double the investment through cryptocurrency transactions.
The scam group approached the victim from September 2025, convincing him to download a fake trading app and transfer money into multiple bank accounts under the guise of investment. After receiving the complaint in November 2025, the police quickly launched an investigation and sequentially arrested Arun Kumar along with three accomplices in Delhi and Punjab.
The police warn the public not to heed investment advice from strangers online and to consult experts to avoid falling into the increasing cryptocurrency scam trap.
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