Bitcoin Scam: Seven booked for duping man of Rs. 22.59L
Seven people have been booked for allegedly cheating a man to the tune of Rs. 22.59 lakh after pursuing him to invest in a Bitcoin scheme launched by a company in Thane, police said today. The victim, Raghuveer Kulkarni (45), was introduced to a Bitcoin investment scheme of a company in February 2017 by one of his friends who promised him good returns.
No accused has been arrested so far
However, the accused didn't pay Kulkarni any money and closed down their business and fled, the police said, adding no arrest has been made so far. Bitcoin is a form of digital currency that is supposed to provide a secure and private alternative to conventional money. According to the government, Bitcoins or such cryptocurrencies are not legal tender in the country.