New Delhi [India] September 29 (ANI): The Cyber Cell of Delhi Police Crime Branch has busted an interstate cyber fraud syndicate involved in cheating people through a fake cryptocurrency trading platform, “BitBank,” officials said.

Police said the case originated from a complaint alleging fraud of ₹31.75 lakh, after the victim was lured into investing in a fraudulent cryptocurrency application. The complainant was initially contacted via Facebook, and later, posing as a BitBank executive on WhatsApp, the accused convinced the victim to download the fake trading app.

The victim was induced to transfer large sums into various bank accounts on the pretext of high returns through fake share and IPO allotments. An FIR was registered at PS Cyber South West, Delhi, and entrusted to the Cyber Ce

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