Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Cryptocurrency»Cryptocurrency Scam Unveiled: Six Arrested in Delhi Fraught with Deception
    Cryptocurrency

    Cryptocurrency Scam Unveiled: Six Arrested in Delhi Fraught with Deception

    June 17, 20251 Min Read


    Delhi Police have apprehended six individuals, including the mastermind of a sophisticated cryptocurrency scam that defrauded a man of Rs 10 lakh. The accused created a fictitious crypto trading platform, exploiting social media to lure victims with assurances of high returns.

    The chief perpetrator, Himanshu Baisoya, a BCA graduate from Kotla Mubarakpur, operated several fraudulent bank accounts, converted cash to cryptocurrency, and manipulated victims into believing they were profiting through fabricated dashboards. The scam unravelled when a victim reported the fraud to the South cyber police station.

    Police investigations led to the arrests of accomplices across states; their scheme involved procuring bank accounts and SIM cards under false identities. A coordinated effort by police uncovered that encrypted messaging apps were used to protect the syndicate’s anonymity, and the case remains under investigation for further suspects and victims.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    SBP to Roll Out Pilot for Pak’s Own Digital Currency

    Cryptocurrency

    Digital Currency Coming to Pakistan: SBP Confirms Pilot Launch Plan

    Cryptocurrency

    Pakistan to launch digital currency? Here’s all you need to know

    Cryptocurrency

    SBP plans pilot for digital currency – Newspaper

    Cryptocurrency

    Cryptocurrency News Live: Bitcoin, Ethereum, Solana prices today; memecoin updates

    Cryptocurrency

    Pakistan plans digital currency pilot

    Cryptocurrency
    Leave A Reply Cancel Reply

    Top Picks
    Investments

    Property investing in uncertain times: an expert’s tips

    Precious Metal

    Houghton Football Retains Copper Bowl – Saturday Sports Wrap

    Fintech

    Emerging Trends of Cloud AI in Fintech Market – News in Assen

    Editors Picks

    ATS Travel to accept crypto currency as form of payment

    March 17, 2025

    Dawn Treader – Bloom & Decay Review

    August 25, 2024

    3 Asian Dividend Stocks With Up To 6.5% Yield

    June 11, 2025

    Pension de retraite : La nouvelle formule applicable à partir du 1er septembre 2025

    June 7, 2025
    What's Hot

    Demystifying Cryptocurrency Trading: A Guide to Unleashing Potential with Bolsalia

    July 16, 2024

    Processing infrastructure and technology in Alberta’s agricultural system

    June 25, 2025

    Wheeler Real Estate Investment Trust Inc – annonce une division de ses actions à raison de sept pour une – dépôt auprès de la SEC

    May 21, 2025
    Our Picks

    Cryptocurrency Exchange WazirX Loses $230M in Cyberattack

    July 18, 2024

    Tula Technology nomme John Fuerst au poste de président-directeur général

    February 20, 2025

    Beware Aggressive Marketing for Minnesota’s New Retirement Plan Mandate

    October 10, 2024
    Weekly Top

    Un parc éolien pour alimenter l’usine de GNL de Marinvest Energy à Baie-Comeau

    July 9, 2025

    Le projet d’usine de GNL de Marinvest Energy serait-il cohérent avec les cibles climatiques du gouvernement du Québec?

    July 9, 2025

    Why China’s jewellery giants are selling less amid a precious metal boom 

    July 9, 2025
    Editor's Pick

    Pakistan Moves to Legalize Cryptocurrency with Clear Regulations

    March 20, 2025

    Jointo Energy Investment Hebei Second Quarter 2024 Earnings: EPS: CN¥0.045 (vs CN¥0.13 in 2Q 2023)

    August 25, 2024

    BoE Holds Off On Digital Pound Decision Until 2025

    October 26, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.