Crypto scams in India have risen significantly in the past couple of years. On Saturday, a consultancy executive was reportedly cheated in the name of crypto rewards. According to local media reports, a Gurugram-based executive has faced a fraud worth over $45,000. The heightened frauds have now raised questions on cyber security measures that are in place to protect internet users, however have failed to do so. According to local media reports, a woman who became friends with an executive of a consulting firm in Gurugram through a matrimonial website scammed him for over $45,000.