When your money gets stuck in a scam like Korvio Coin, the first feeling isn’t just financial loss; it’s uncertainty.
Every day, you wonder if you’ll ever see your money again, whether anyone is taking action, and if there’s anything you can still do.
If you’re searching for how to get recovery from Korvio Coin, you’re not alone.
Thousands of investors are asking the same questions.
This blog explains where the investigation stands today, what the Enforcement Directorate (ED) has found so far, and the steps you should take now to ensure your investment is officially on record.
Is It Possible To Get Recovery from Korvio Coin?
If you’ve lost money in Korvio Coin, it’s natural to ask, “Will I ever get my money back?”
The truth is that there is no official refund process announced yet, but that doesn’t mean the case has come to a standstill.
The alleged mastermind, Subhash Sharma, reportedly fled India in 2023 and is still absconding.
According to the Special Investigation Team (SIT), he is believed to be in the UAE, and efforts to bring him back to India are continuing.
At the same time, the investigation is moving forward.
In June 2026, the Enforcement Directorate (ED) made another arrest in the case and continues to trace properties, bank accounts, digital evidence, and other assets linked to the accused.
Under the Prevention of Money Laundering Act (PMLA), attached assets are dealt with through the legal process, and any decision regarding those assets ultimately depends on the court.
The ED has estimated investor losses at around ₹500 crore, while assets worth approximately ₹18 crore have been attached so far.
There is a significant gap between the losses and the assets recovered, but investigators are still tracing additional properties and financial records.
If you’re wondering whether you should still take action, the answer is yes.
The investigation is still active, and authorities have repeatedly asked victims to come forward.
The earlier your investment is officially recorded, the easier it becomes for investigators to connect your loss with the larger case.
The road ahead may take time, but sitting back and waiting is unlikely to help.
Taking the right legal steps today ensures that your complaint becomes part of the official investigation into this Ponzi scam.
What Does ED Say About the Refund from Korvio Coin?
The Enforcement Directorate continues to investigate the money trail behind the Korvio Coin scam.
On 15 June 2026, the ED conducted searches under Section 17(1) of the PMLA at the premises of Vijay Kumar Juneja and Masoom Juneja in Shimla.
During these searches, investigators recovered digital devices, financial records, and other documents believed to be connected with the case. Masoom Juneja was later arrested under Section 19(1) of the PMLA.
This was not the first major action.
In December 2025, the ED carried out raids at eight locations across Punjab and Himachal Pradesh as part of the ongoing investigation.
The SIT has also attached residential plots and commercial properties in Zirakpur, Punjab, with a registered value of around ₹12 crore.
According to reports, their market value could be significantly higher.
So far, the investigation has revealed:
- Estimated investor losses of around ₹500 crore.
- Assets worth approximately ₹18 crore attached by the ED.
- 26 accused arrested.
- Four charge sheets filed against 70 individuals.
Investigators also disclosed that the accused had allegedly deleted digital records and domains linked to the operation.
Despite that, forensic experts recovered transaction data worth more than $219 million (approximately ₹2,075 crore), showing that investigators still have a substantial financial trail to examine.
These developments do not mean refunds have started. They do show that the investigation remains active and authorities are continuing to trace money and assets connected to the scam.
How to Get Recovery from Korvio Coin Scam in India?
If you’ve already accepted that your money is gone forever, don’t make that decision without first completing the steps that investigators expect every victim to take.
These steps won’t change what happened, but they do ensure that your loss is officially documented and supported with evidence.
How can I report Crypto fraud?
To begin the reporting and recovery process officially, follow this step-by-step breakdown:
Step 1: Collect Every Piece of Evidence You Have
Before filing any complaint, gather all the documents related to your investment.
This includes:
- Bank transfer receipts
- UPI payment records
- Wallet transaction history
- Investment receipts
- Account statements
- WhatsApp chats with promoters
- Emails and SMS messages
- Screenshots of your Korvio account or wallet
- Promotional brochures or presentations
Even if you think a document is small or unimportant, keep it.
Investigators have already stated that many digital records connected to the scam were deleted. Your personal records may become valuable evidence during the investigation.
Step 2: File a Complaint on the National Cyber Crime Portal
Your complaint on the National Cyber Crime Portal creates an official government record of your loss.
While submitting your complaint:
- Select the financial fraud category.
- Explain how you invested.
- Upload all available documents.
- Mention the amount you invested.
- Save your acknowledgement number safely.
The earlier your complaint is on record, the easier it becomes for investigators to connect your case with the larger investigation.
Step 3: File a Complaint at Your Local Police Station
Many victims believe they cannot file a complaint because the company operated from another state.
That is not true.
You can approach your nearest police station and report the fraud, regardless of where you live.
The Himachal Pradesh SIT has repeatedly appealed to Korvio Coin victims across India to come forward and report their losses. Every complaint helps investigators build a stronger case and officially records another victim of the scam.
Step 4: Submit Your Investment Details to the Enforcement Directorate
The ED is still tracing money, properties, and other assets connected to the Korvio Coin scam.
If you have investment proof, payment receipts, wallet details, or any other supporting documents, keep them ready and submit them whenever required during the investigation.
The most important thing is to ensure that your investment is officially documented. Waiting until the investigation is over may make it more difficult to produce evidence later.
Need Help?
If you’ve lost money in the Korvio Coin scam, you don’t have to figure out the complaint process on your own.
The recovery process is not simple. It involves multiple authorities, legal procedures, documentation, and ongoing investigations. Many victims are unsure where to start or what documents they should submit.
That’s where we can help.
Our team can guide you through the complaint process, help you organise your documents, explain the current legal position, and assist you in taking the right steps with the appropriate authorities.
Register with us today, and our team will contact you within the next 24 hours.
Conclusion
No one invests expecting to become the victim of a scam. If you’ve lost money in Korvio Coin, it’s understandable to feel disappointed, frustrated, and uncertain about what comes next.
While there is still a long legal process ahead, the investigation has not stopped. The ED continues to make arrests, trace assets, and gather evidence.
That is why this is not the time to wait on the sidelines.
Start by collecting your documents, filing your complaints, and making sure your investment is officially recorded with the authorities.
These are practical steps that put you in a stronger position as the investigation moves forward.
Most importantly, don’t rely on rumours or people claiming they can recover your money overnight.
Follow the official process, stay informed, keep your records safe, and learn how to identify fake cryptocurrency online to protect your future investments.
If you need help understanding the process or preparing your complaint, register with us today. Our team will contact you and help you take the next step.
Frequently Asked Questions
1. Has the ED announced any refund for Korvio Coin investors?
No. As of now, the Enforcement Directorate has not announced any refund or compensation process for Korvio Coin investors.
The investigation is still ongoing, and authorities continue to trace assets linked to the accused.
2. What documents should I keep for the Korvio Coin investigation?
Keep every document related to your investment, including bank statements, UPI records, payment receipts, wallet transactions, WhatsApp chats, emails, screenshots, and any promotional material you received from the company or promoter.
3. Can I file a complaint if I live outside Himachal Pradesh?
Yes. Victims from any state in India can file a complaint through the National Cyber Crime Portal and report the fraud at their nearest police station.
The investigation covers investors from multiple states, not just Himachal Pradesh.
4. Should I wait for an official refund announcement before taking action?
No. Waiting could mean losing valuable evidence. If you’ve invested in Korvio Coin, it’s better to preserve your documents and file your complaint while the investigation is still ongoing.
This ensures that your investment is officially recorded with the authorities and your evidence is available whenever it is needed.
