A Bengaluru man allegedly lost about 30,000 USDT after a woman he met on a matrimonial website directed him to bogus crypto platforms. Whitefield cyber crime police registered a case involving identity theft, cheating, and fund transfers through multiple wallets.
A Bengaluru man lost about 30,000 USDT after trusting a woman he met on a matrimonial website, police said. The woman allegedly guided him toward two bogus cryptocurrency trading platforms and later demanded extra payments for withdrawals.
Whitefield cyber crime police registered the First Information Report on August 3. Investigators suspect the accused created a false profile, used several WhatsApp numbers, and diverted the victim’s funds into crypto wallets.
Matrimonial Website Contact Builds Trust
The alleged fraud began on October 27, 2025, after the man contacted a profile on a popular matrimonial website. The woman identified herself as “Niharika Chowdary Mandava” and claimed she lived in the United Kingdom.
She also said she came from Vijayawada, Andhra Pradesh, and worked for a logistics company. According to the complaint, she continued their conversations through multiple WhatsApp numbers and slowly gained the man’s confidence.
Police said the identity used on the matrimonial platform was ‘fake.’ Investigators believe the accused created the profile to approach the complainant and persuade him to make cryptocurrency investments.
The complainant said the woman shifted their contact to WhatsApp after the initial meeting. However, police have not confirmed her real identity, location, employment claim, or the number of people involved in this case.
Victim Transfers 30,000 USDT to Wallets
After establishing contact, the woman allegedly directed the man to mivonexchg.com and binzoex.com. She presented the websites as cryptocurrency trading platforms, while police now suspect both services were fraudulent.
The victim bought USDT through Binance, ZebPay, and Mudrex, based on her instructions. USDT, also known as Tether, is a stablecoin designed to track the value of the United States dollar.
He first moved the tokens into his Trust Wallet. He later transferred about 30,000 USDT to several wallet addresses supplied during the transactions, the complaint said. The police did not provide the exact rupee value of the total loss. Crypto prices and exchange rates can affect that value, though 30,000 USDT generally tracks about $30,000.
Withdrawal Demands Expose Suspected Fraud
The problem surfaced when the man tried to withdraw his investment from the trading platform. Operators allegedly demanded further payments for “taxes” and other charges before they would release the funds.
The complainant paid the requested amounts but still could not access his money. He then suspected fraud after one platform blocked withdrawals and the other website became inaccessible, according to the FIR.
Police allege the accused routed the transferred funds through several cryptocurrency wallets. Investigators are examining the wallet trail and communications linked to the matrimonial profile and WhatsApp numbers.
Whitefield cyber crime police filed charges under the Information Technology Act for identity theft and cheating by personation. They also invoked Bharatiya Nyaya Sanhita provisions covering cheating and cheating by personation.
According to police, the transfers caused a loss to the complainant and a corresponding gain to the accused. The FIR does not identify any suspect beyond the profile name. It also does not say whether investigators contacted the exchanges, matrimonial websites, or hosting providers linked to the domains involved in this case.
Police continue tracing transfers and checking the accused’s online identity. The investigation remains open, with no arrest or recovery announced. A court has not tested the allegations, and authorities have not identified the operators behind the two websites.
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