INSANE: A 26-year-old engineer from Bihar has been arrested in connection with an alleged crypto and forex scam that may have reached nearly 100 countries.
The full story is WILD:
A Gujarat investor lost over ₹19 lakh after investing USDT through a platform called WinProFX.
The platform showed fake profits on its dashboard, encouraging larger deposits.
When the investor tried to withdraw, the money never came.
Communication stopped.
The funds were gone.
After a cybercrime investigation, police tracked the operation to Bihar and arrested a computer science engineer allegedly involved in developing and promoting the platform.
But this wasn't a small scam.
Investigators say WinProFX claimed:
• 1.93 lakh registered users
• Presence in nearly 100 countries
• Investors from India, UAE, USA, UK, Bangladesh, Pakistan, Vietnam, Afghanistan and more
Authorities believe crores of rupees may have flowed through the platform.
The biggest red flags?
• Unregulated platform
• Crypto-only deposits
• Unrealistic profit displays
• Withdrawal requests getting blocked
• Customer support disappearing
Police also found alleged links to mule bank accounts and are investigating possible international connections.
The scary part is that this isn't an isolated case.
India reported over 11,700 crypto scam complaints in just the first eight months of the current fiscal year — a massive jump from the previous year.
The playbook is almost always the same:
Social media ads or trading videos
Guaranteed profits
Fake dashboard gains
Pressure to invest more
Withdrawals blocked
Operators disappear
If a platform promises easy money, shows huge profits instantly, and only asks for more deposits, it's probably not investing.
It's probably the exit liquidity plan.
