Tuesday, May 21, 2024

Crypto Investment Scam: Cyber criminals swindle Rs 10 Crore, revel in Dubai and Russia trips

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Ranchi: In a brazen act of cybercrime, a gang operating under the guise of crypto currency investments has duped numerous individuals from Ranchi, Bokaro, Jamshedpur, Dhanbad, Kolkata, and other locations, amassing a staggering sum exceeding Rs 10 crore. Shockingly, the fraudsters, after perpetrating the scam, indulged in extravagant trips to Dubai thrice and other destinations, including Russia, utilizing the ill-gotten gains for leisure.

The unfolding drama took a turn with the apprehension of a key member of the gang in the Brahmapura police station area of Muzaffarpur district in Bihar. The arrested individual, identified as Shashi Shankar Kumar alias Vicky (36 years), was found in possession of an array of incriminating evidence, including a mobile phone, two SIM cards, four checkbooks, a passbook, and a Wi-Fi router.

The Brahmapura police collaborated with the Cyber Investigation Division’s cyber station to effect the arrest of Shashi Shankar Kumar. The breakthrough in the case came after a victim from the Chas police station area in Bokaro district filed a complaint with the cyber police station, detailing the fraudulent activities of the crypto investment scam.
The modus operandi of the gang involved enticing unsuspecting individuals with promises of lucrative returns through crypto currency investments. As the investigation progresses, authorities are working to unravel the full extent of the scam and bring all involved perpetrators to justice. The arrest of Shashi Shankar Kumar marks a significant step in curbing this illicit operation and seeking justice for the victims.

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