In yet another shocking case of online fraud, 38 people have been cheated of a total of Rs 81.16 lakh in the name of cryptocurrency investment. A case has been registered at the Cyber Police Station against seven individuals who allegedly lured people with promises of high returns, monthly commissions, and foreign trips.
A 27-year-old woman from the CIDCO area has filed the complaint, which led to the registration of the case. According to her statement, she was convinced to invest Rs 1.4 lakh in a cryptocurrency scheme. She was also told that she would receive Rs 5,000 every month if she added more investors to the chain. Her brother was also duped of Rs 1.14 lakh.
In total, the suspects collected Rs 78.88 lakh from the complainant's friends and relatives, using a chain marketing method. The suspects promised profits, commissions, and overseas trips to gain the trust of investors.
The accused have been identified as Prasad Tadakhe, Pawan Ubale, Samarth Jagtap, Khushal Pawar, Rahul Khurana, Avinash Singh, and one unidentified person. Five of them are said to be residents of Nashik, while the addresses of the others are not yet known.
The suspects made victims transfer money both online and in cash to various bank accounts. This is the second case of crypto-related fraud registered at the Cyber Police Station in Nashik recently. Police are now investigating the matter further.