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Crypto gang cheated investors nationwide of ₹3 cr; 3 arrested

The New Indian Express Chennai

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February 28, 2025

The Cyber Crime Police Station (CCPS), Puducherry, has cracked down on a massive pan-India fraudulent cryptocurrency scheme that has duped 11 investors in Puducherry of approximately ₹3.4 crore and several other victims in other states.

- Debjani Dutta @Puducherry

Crypto gang cheated investors nationwide of ₹3 cr; 3 arrested

The CCPS have arrested two persons in connection with the case.

According to an official release, the suspects, Nitish Jain and Aravind, used to lure the victims with promises of high returns on investments but later prevented them from withdrawing their funds or receiving the cryptocurrency TCX, which was later found to be fake.

FLERE HISTORIER FRA The New Indian Express Chennai

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