First, you receive a message or invitation from someone in cities like Hong Kong, Shanghai, Beijing, or Macau. These locations are merely examples, as individuals from various places can be involved. However, there's been a notable trend of Indians being enticed by acquaintances in these cities.

They enthusiastically share an enticing opportunity they've discovered, flaunting their recent luxury purchases like cars, houses, or boats.

You reach out to the Telegram admin, who instructs you to purchase USDT in the P2P market on platforms like Binance and transfer it to their crypto wallet.

Once your money is in their wallet, they direct you to a website where you can monitor your supposed gains and make deposits. You're asked to create a login ID, but beware – the website is typically a scam.

After providing your login details, the website appears to update daily, building the illusion of progress. When it's time for payday and you request a withdrawal, they demand a withdrawal fee from an external wallet. When questioned, they claim it's for security reasons and refuse to deduct it from your earnings – a major red flag.

Realizing the deception, you cease communication, but your funds are already lost. If you attempt to warn other investors, you might face retaliation such as being banned from the group.

In conclusion, the fundamental strategy employed by these scammers revolves around exploiting the greed of their targets. They present various processes incrementally rather than being transparent from the outset, drawing individuals into their scheme. By enticing them with initial investments, they gradually increase the stakes, promising greater profits. When met with reluctance or skepticism, they resort to threats of withdrawal or abandonment, manipulating emotions to evoke a sense of regret until compliance is secured. This insidious cycle underscores the importance of vigilance and skepticism when encountering such schemes, as recognizing these tactics can help prevent falling victim to financial exploitation.