Agra (UP), Dec 12 (PTI) Agra Police on Friday arrested the alleged mastermind of a Rs 50-crore cryptocurrency investment scam, duping over 1,500 people across Uttar Pradesh, Uttarakhand and Delhi, officials said.

According to Additional Deputy Commissioner of Police (Cyber Crime) Aditya, the accused, Ajay, ran a full-fledged network that lured investors by promising extraordinarily high returns through a fake cryptocurrency platform.

After his arrest, a large number of victims reached the police station to file complaints, he said. Show Full Article

Police said Ajay had created a website resembling legitimate crypto trading platforms. To build trust, the gang organised seminars at high-end hotels, where Ajay showcased inflated returns and even gave a few participants multiplied payouts

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