Crypto: Crypto Fraud: Man, Friends Duped Of 36l | Pune News
Pune: A 53-year-old digital marketing businessman and his two friends were allegedly duped of Rs 36.1 lakh between February and November 2022 in a cryptocurrency fraud.
Senior inspector Shabbir Sayyed of crime branch (unit-1), said, “The businessman befriended two men, including a former bank official. Theysaid they have established a trading company and urged him to invest in cryptocurrency for big returns.”
The duo, police said, promised to double his investment in 100 days. “The trio collectively invested Rs36.1 lakh but did not get promised returns. After efforts to recover the money proved futile, the businessman filed a complaint application, and an FIR relating to cheating was lodged with the Sinhagad Road police,” Sayyed added.
The accused have been under section 420 (cheating) of the Indian Penal Code.
Senior inspector Shabbir Sayyed of crime branch (unit-1), said, “The businessman befriended two men, including a former bank official. Theysaid they have established a trading company and urged him to invest in cryptocurrency for big returns.”
The duo, police said, promised to double his investment in 100 days. “The trio collectively invested Rs36.1 lakh but did not get promised returns. After efforts to recover the money proved futile, the businessman filed a complaint application, and an FIR relating to cheating was lodged with the Sinhagad Road police,” Sayyed added.
The accused have been under section 420 (cheating) of the Indian Penal Code.
