The scope of Bitcoin mining scam unearthed by the Matunga police continued to widen with almost 700 people found to be duped to the tune of ₹228 crore across the country, said police on Monday. The entire conspiracy was premeditated and operated from Dubai and China and it’s operations were wrapped up in the span of just 15 days.
According to the police the entire operation of actually duping people were started in the first week of January when they sent bulk messages to over a crore people luring them with lucrative investments offers and in next 15 days entire operation was stopped when they withdrew all the money from different bank accounts across the country.
However the infrastructure for the fraud was being built over three months period including opening of bank accounts in the name of shell companies and also launching different investments apps.
By the times different police agencies got hint of it and started blocking bank accounts link to the scam, all the accounts were already emptied.
“Earlier we believed that people have been duped on the pretext of investments into crypto currency mining however the fraudsters have also lured people with ponzi schemes and related apps were also launched in the open sourse platforms,” said PSI Rajabhau Garad.
On Monday Navi Mumbai police officials approached the Matunga police after coming across a case of multiple people from a housing society duped on the pretext or investing into multilayer marketing schemes….
