Kolkata Police Arrests Two in Rs 25 Crore Cryptocurrency Scam

Strategic Insights -

Police in Kolkata have apprehended two individuals, Anirban Ghosh and Priyanka Sahu, accused of masterminding a significant cryptocurrency scam worth Rs 25 crore. The duo was arrested after a complaint was lodged at the Shakespeare Sarani Police Station, alleging that they had deceived an investor into investing in a cryptocurrency scheme that promised high returns but never materialized. The accused allegedly lured multiple investors with the promise of significant returns through cryptocurrency investments and siphoned off the funds for personal gain.

Key Takeaways:

  • The accused, Anirban Ghosh and Priyanka Sahu, were arrested by the bank fraud division of Lalbazar police in Kolkata.
  • The suspects were booked under charges of cheating and forgery for allegedly defrauding investors through a cryptocurrency scheme.
  • The scheme promised high returns but never materialized, resulting in significant financial losses for the investors.
  • The accused allegedly lured multiple investors into investing in the cryptocurrency scheme, siphoning off the funds for personal gain.
  • The police investigation is ongoing, with more arrests possible as they unravel the full extent of the scam.
  • The court has remanded the accused in police custody for 14 days.

Statistics:

  • Rs 25 crore: the estimated worth of the cryptocurrency scam allegedly orchestrated by the accused.
  • 2: the number of individuals arrested by the police in connection with the scam.
  • 14 days: the period for which the accused have been remanded in police custody.
  • Multiple: the number of investors who were allegedly lured into investing in the cryptocurrency scheme.

Sources:

  • "Kolkata: Police arrest two in Rs 25 crore cryptocurrency scam", The Times of India, [No date specified].