Man arrested for cheating people in ponzi scheme linked to cryptocurrency
The Hindu
The Economic Offence Wing of the Central Crime Branch police on Tuesday arrested a 39-year-old man for cheating over 2,000 investors in a multi-crore cryptocurrency trading and chain-link scheme. The
The Economic Offence Wing of the Central Crime Branch police on Tuesday arrested a 39-year-old man for cheating over 2,000 investors in a multi-crore cryptocurrency trading and chain-link scheme. The accused, Ranganath D.S., launched an online company last year, called Digitechmark, which promised investors high returns. He allegedly assured people that if they invested even ₹15,000 on his platform, he would be able to get them ₹1 lakh by December 2021 and ₹25 lakh by 2025. Those who invested ₹50,000 were promised ₹3 lakh by December 2021 and ₹2 crore by 2025.
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