Indian police have arrested three suspects involved in a cryptocurrency investment scam in the Maharashtra region. The suspects offered fake crypto trading and investment opportunities to unsuspecting victims. The scam came to light when a student filed a complaint after being scammed. The student was promised discounted digital assets in exchange for payment, but the scammers disappeared after receiving the money. The police conducted investigations using CCTV footage and mobile phone tracking software and arrested the suspects from different locations. The suspects admitted to misleading investors and are being investigated for potential ties to other crimes. Authorities warn that scammers are actively targeting inexperienced investors in the crypto market.
Content Editor ( cryptopolitan.com )
- 2025-01-25
Indian police apprehend crypto investment scammers in Maharashtra
