CandleFocus Indian Police Investigate Cryptocurrency Fraud Targeting Ex-Servicemen
2024-09-12
Author: Content Editor
Three former servicemen in India have accused eight officials from a trading firm of defrauding them of over $96,000 through a cryptocurrency scam. The ex-servicemen had invested their retirement savings in cryptocurrency after being promised high returns. The firm's director and an ex-serviceman involved are already in custody in a similar case, and the police are awaiting court approval to question them. The trading firm had conducted seminars on digital currency to convince people to invest, but three investors realized they had been scammed and filed a police complaint.
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