New Delhi, June 18 -- In a major cybercrime crackdown, Delhi Police on Monday busted a syndicate that defrauded individuals by promising high returns on cryptocurrency investments. Six people, including the mastermind, have been arrested for orchestrating the scam involving the USDT (Tether) cryptocurrency.
Police said the gang lured victims via Facebook Messenger, enticing them to invest in USDT through a fake trading application called Bitop. The accused are Himanshu Baisoya, 23, Kamal Insan, 29, Simranjeet Singh, 28, Avinash Verma, 20, and Alok Singh, 30. Garima Singh, a 30-year-old homemaker, was held for allowing access to her bank account in exchange for Rs.1,000.
Published by HT Digital Content Services with permission from Hindusta...