Delhi police detain five over $2.6 million crypto investment fraud
The Delhi police have detained about five people in connection with a crypto investment scam that has stolen more than Rs. 24 crore (approximately $2.6 million) from victims. According to the police, they stumbled on the cybercrime network while investigating another case tied to the same group.
According to Delhi police, they were investigating the case of a man who lost Rs. 30 lakh to criminals who pretended to be investment experts.
The police claimed that the criminals ran their operations out of a WhatsApp group, meeting their victims across social media and directing them to the group. They also ran a bogus trading application where they entrap their victims to register and deposit funds, which they later steal after…
