New Delhi, Sep 29 (PTI) A 42-year-old man has been apprehended from Punjab’s Ludhiana for allegedly duping a Delhi resident of over Rs 31 lakh by luring him to invest in a fake cryptocurrency trading platform, an official said on Monday.

The accused was identified as Nitin Sharma, the official said.

Sharma duped a man of Rs 31.75 lakh after luring him through social media to invest in the fraudulent app ‘BitBank’, police said. Show Full Article

Analysis of the recovered devices revealed that multiple mobile numbers were used in the fraud and were active in Cambodia, suggesting an international dimension to the cybercrime.

“Sharma posed as a BitBank executive and induced the victim to transfer large sums to multiple bank accounts under the pretext of high returns from fake shares and IP

See Full Page