Crypto scam: SIT files supplementary chargesheet
The Special Investigation Team (SIT), constituted to investigate the Rs 2,500 crore cryptocurrency scam, has filed a supplementary chargesheet against Milan Garg, one of the key associate of the kingpin of the scam.
Milan Garg (35), a resident of Meerut in Uttar Pradesh, was allegedly involved in designing and marketing of fake cryptocurrency coins that were used to dupe people of their money in return of offering exorbitant returns on their investments.
In July, the SIT had arrested Milan Garg, who was the key associate of Subhash, the kingpin of the scam. Garg was involved in designing and marketing of fake cryptocurrency coins. However, Subhash still remains fugitive and is said to be hiding in Dubai.
In 2018, the accused used Ponzi…
