Bitcoin News: Rajasthan Police Arrest 18 for Alleged Crypto Scam
Jaipur, India (March 18, 2023) – The Rajasthan Police have arrested 18 individuals in connection with an alleged cryptocurrency scam. The arrests were made in a joint operation conducted by the Special Operations Group (SOG) and the Anti-Terrorism Squad (ATS).
According to the police, the suspects are accused of luring people to invest in a cryptocurrency scheme and promising them high returns. However, the victims later discovered that their investments had been lost and that the suspects had disappeared.
The suspects were identified after the police received numerous complaints from victims. The police launched an investigation and tracked down the suspects to various locations in Rajasthan.
During the arrests, the police seized mobile phones, computers, and documents related to the alleged scam. The police also froze bank accounts linked to the suspects.
The arrested individuals are being questioned by the police. They are likely to be charged with fraud, cheating, and money laundering.
The Rajasthan Police are urging people to be cautious of cryptocurrency scams and to only invest in legitimate platforms. The police are also investigating the involvement of other individuals and entities in the alleged scam.
The news of the arrests has sent shockwaves through the cryptocurrency community in Rajasthan. Many investors are expressing concerns about the safety of their investments. The police are assuring the public that they are committed to bringing the perpetrators to justice and recovering the stolen funds.
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