Indian Police Arrest 11 People in Cryptocurrency Scheme Defrauding 2,000 Investors
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Indian police have arrested 11 people so far in connection with a fraudulent cryptocurrency scheme that has duped about 2,000 investors out of $5.4 million. 11 People Arrested so Far in…
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Indian authorities arrested 11 individuals over the weekend, connected with a crypto scam case that allegedly used the allure of high gains to dupe 2,000 investors out of US$5.4 million (INR 400... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]…
Key Highlights Accused Sujit Shankarrao Dev was absconding for nearly two years in an INR 100+ crore crypto investment fraud case. Investors were lured with promises of fourfold returns through a crypto and mining scheme in Mumbai’s Dahisar area. An arrest was made near Ahmedabad airport following coordination with Mumbai…
Show AI SummaryGujarat’s Cyber Crime Police launched an investigation after a complaint was filed, uncovering a large-scale forex and cryptocurrency investment fraud affecting nearly 100 countries.The victim was lured into the scheme through social media videos, invested via cryptocurrency, and initially saw profits before being blocked from withdrawing funds, leading…