A married couple reportedly fell victim to a financial scam involving a fraudulent blockchain investment scheme, losing ₹37.79 lakh. In their formal complaint, the couple stated they were persuaded by individuals identified as Bryan D’Souza, his associate Deril, Deril’s spouse Flavy, and one Sachin Carlos to invest in a company called US Business World Hydrus 7 Blockchain Technology. The perpetrators allegedly promised substantial monthly profits in exchange for their financial commitment.
According to the complaint, the woman initially handed over ₹38,500 in cash on February 26. Subsequently, between May 6, 2021, and November 11, 2022, the husband issued cheques totaling ₹35.27 lakh. Additionally, another ₹3.96 lakh in cash was paid on April 24, 2022.
The group reportedly assured the couple of a fixed monthly return of $2,400 for a duration of 20 months, with the investment maturing in July 2024. However, the couple only received a single payment of ₹1.74 lakh in December 2022, which was allegedly given by Bryan’s brother. After this initial payout, no further returns were made, and the accused failed to refund the principal amount.
This case underscores the increasing number of scams exploiting buzzwords like “blockchain” to mislead innocent investors with fake promises of high yields.
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