2 more held in Rs 83L crypto fraud | Chandigarh News

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2 more held in Rs 83L crypto fraud

Panchkula: Panchkula police have arrested two more accused in a cyber fraud case involving Rs 83.2 lakh siphoned off through a fake cryptocurrency investment scheme. The accused, identified as Vishnu alias Billa of Fatehabad and Surya of Hisar, have been sent to judicial custody.With their arrest, the total number of accused held in the case has risen to four. Police had earlier arrested Deepak and Sunil Kumar, whose interrogation helped uncover key details about the organised cyber fraud network.Police said the complainant’s son was lured through social media into investing in cryptocurrency after being promised high returns. The accused allegedly used a fake trading website, WhatsApp chats and people posing as trading experts to gain his trust. After showing fake profits initially, they persuaded the victim to transfer money through multiple bank accounts and UPI IDs in the name of investments, commissions, verification fees and other charges.Police said the victim was cheated of Rs 83.22 lakh, with the money routed through several fake and rented bank accounts. Further investigations are under way to trace the beneficiaries and uncover the wider network involved in the fraud.



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