Gwalior, July 15 -- A 70-year-old chartered accountant from Gwalior was allegedly duped of over Rs 21 crore in a cyber fraud in lieu of cryptocurrency investment in Madhya Pradesh's Gwalior district, a police officer said.

The victim, Ashok Vijayvargiya, a resident of Roshni Ghar area in Gwalior, was lured into investing in USDT cryptocurrency trading by fraudsters in December 2025. Initially, he received good returns, which helped the fraudsters gain his confidence.

Later, in the first week of July, he realised he had been cheated, following which he approached the State Cyber Cell office in Gwalior on July 10 and lodged a complaint.

State Cyber Cell, Gwalior, Deputy Superintendent Police (DSP), Sanjeev Nayan Sharma said, "The victim ...