Senior Citizen Duped in Coin Sale Scam via YouTube Advertisement

Summary

A 68-year-old man in Hyderabad fell victim to a cyber-fraud after watching a deceptive YouTube advertisement promising to buy an Rs.20 coin for Rs.50 lakh. The victim contacted the number provided in the ad and interacted with a man claiming to be Raj Gyani, who asked for multiple payments under various pretexts. The victim transferred a total of Rs.1.46 lakh before realizing he had been scammed. The fraudster later demanded an additional Rs.1 lakh, prompting the victim to report the incident. The Hyderabad police issued an advisory warning the public about online scams offering large returns for everyday items and urged people to avoid transferring money to unknown individuals. Victims were directed to contact the cybercrime helpline at 1930 or visit cybercrime.gov.in.