Industry News: Cyber

India ‘Millionaire’ Crypto Scam Tricks Victims Out Of $250K

Written by Cybersecurity | Mar 8, 2019 4:31:16 PM

2019-02-26

pymnts: A man in India tricked 12 people out of $250,000 with a scam involving a fake cryptocurrency named after the Indian version of the show “Who Wants To Be A Millionaire,” according to reports. Pritam Patil allegedly asked the victims to invest in the initial coin offering (ICO) of his “KBC Coin,” named after Kaun Banega Crorepati, a wildly popular Indian show...

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