Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: arielcryp on September 23, 2018, 07:59:47 AM
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India’s economic intelligence agency, ED (Enforcement Directorate) in a swift action, has moved to attach immovable properties and bank balance worth $6 Million in the country’s biggest Bitcoin fraud case involving $278 Million.
In what is perhaps India’s biggest Bitcoin fraud, thousands of innocent investors were duped to the tune of 80,000 Bitcoins. The case is being investigated by ED which is the agency responsible for enforcing economic and financial regulations and fight economic offenses in India.
The alleged mastermind behind the Ponzi scheme, Amit Bhardwaj, was arrested in April this year from Bangkok after multiple cases of fraud and cheating were registered against him in different parts of the country. The assets attached by ED include six offices in Dubai and apartments and bank balances of two of his accomplices, Hemant Bhope and Pankaj Adlakha
Read more: https://www.livebitcoinnews.com/bitcoin-scam-indias-enforcement-directorate-attaches-assets-worth-6-million-in-fraud-case-tied-to-amit-bhardwaj/