Many Sri Lankans have been duped by a fake cryptocurrency investment scheme which has swindled millions of rupees.
Colombo, Sri Lanka–When 37-year-old Harshana Pathirana quit his job in the hotel sector, sold his car and invested in what he believed was a cryptocurrency, he dreamed of making a fortune, especially as the economy around him cratered.
More than a year later, with the tourism sector battered in the face of Sri Lanka’s worst economic crisis, Pathirana is unemployed and has lost all his investment.
“I invested 2.2 million Sri Lankan rupees ($6,162) and was promised a five times higher return. But I only received about 200,000 Sri Lankan rupees ($560.20),” Pathirana told Al Jazeera. “I lost everything.”
Pathirana’s name has been changed to protect his identity as his family is unaware that he has lost his money. “My family thinks I sold the car and deposited the money in my bank account,” he said. He is now trying to migrate to find a job and earn some money.
Pathirana is...
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