Three persons have been arrested from India’s Delhi-Nationwide Capital Patch (NCR), accused of running a huge scam to defraud senior citizens of the US and Canada. The accused, hiding their identities as Native Regulation Enforcement Officers, made a rip-off of Rs 260 crore ($30.6 million) through Bitcoin.
CBI exposed Crypto Rip-off
The Central Bureau of Investigation of India (CBI) announced these arrests on Friday and unearthed a complicated cryptocurrency rip-off in which three persons ran fake call centers in Delhi and Noida. The agency also said that the fraudsters mainly posed as representatives of foreign law enforcement agencies, Amazon Support, Microsoft Tech Support and other services and defrauded them.
According to CBI Brokers, this rip-off was carried out by three persons named Tushar Kharbanda, Gaurav Malik and Ankit Jain. Police said that Ankit Jain managed Crypto Wallets and worked to convert stolen Bitcoin into cash. He collected more than 316 Bitcoins in his digital wallets, which were later transformed and withdrawn by his Dubai-based partner.
CBI said that the swindlers used more than 150 telecallers to implement their plan. In one case, Kharbanda posed as a Royal Canadian Mounted Police (RCMP) officer and tricked victims into believing their identities were being misused. Due to this, the victims succumbed to the pressure and transferred more than 93,000 Canadian dollars into cryptocurrency through Bitcoin ATMs, which were linked to the fraudsters’ wallets.
During the investigation, CBI conducted raids at the residential and official places of the victims and seized digital tools which yielded scripts for planning the scam, including impersonation of US Social Security Management Officers and scam-related communications with scam prevention departments. .
The CBI said the action was taken by the RCMP based on information provided by the National Central Bureau, the country’s focal point for Interpol activities. The CBI further said that this action was taken on the basis of information received from the RCMP.
Conclusion
By exposing this Crypto Rip-off, CBI has exposed a gang of fraudsters who had run fake call centers in foreign countries to defraud senior citizens. This action makes it clear that strict monitoring and security measures are required to curb the growing menace of digital scams.
Also read:MemeFi Day-to-day Codes For November 15, Earn Virtual Coins
