So there is this app/website called defi which gives 6-8% return daily. My brother invested in it 10k INR, withdrew 12500, he received 10K out of it, as for withdrawal there was 20% fees.
I'm glad as his capital was back, now since this app gives 6-8% return daily, he made another extra 70k INR quickly, tried to withdraw, stayed pending for long period. Contacted their customer support, they said if you give us referrals we will give your withdrawal. Lol.
Website link for research purposes:
https://definftly.com/ (this site is scam, do not anything there).
My brother was joined into this program by another relative of mine, there is very little to be surprised that that relative could have suggested this to get referral reward or to get his own withdraw.
Crypto teaches you few things, so to me, on very first glance the site looked like scam, whether it be a UI or hefty returns, told my brother it's scam but my brother had already invested in it, plus he weren't been through enough scams to judge what was it on first glance. Anyway, glad he got his invested amount back.
Take lessons as you may, I felt about sharing this story.
p.s: Wanted to post this in India sub, then I thought it's proper here. Idk. Suggest/report if you think it this should be moved elsewhere.