A man from India, Prateek Jain, is facing charges of fraud and money laundering after allegedly scamming a resident in Indiana out of $36,000 in a cryptocurrency scam. Authorities in Grant County, Indiana, recovered the funds and have issued a $500,000 cash-only bond for Jain's arrest. Jain had previously traveled to the U.S. in 2024 on a temporary visa before returning to India. Sheriff Del Garcia warned residents to be cautious of online scams and emphasized the saying, "If it sounds too good to be true, it probably is."
- Content Editor ( news.bitcoin.com )
- 2024-11-14
An Elusive Indian Suspect at the Center of Indiana's Crypto Fraud