We also published the following articles recently
Two arrested in Rs 6.6 crore crypto scam
Two men have been arrested by the Navi Mumbai cyber police for their involvement in a cryptocurrency trading scam worth Rs 6.62 crore. The accused used the bank account details, mobile numbers, and ATM cards of others to carry out the scam. The scam was initiated when a woman caller befriended the complainant and convinced him to invest in cryptocurrency trading. After receiving initial returns, the complainant stopped receiving any further payments.
Two booked for cheating Navi Mumbai onion trader of Rs 2.07 crore
Two individuals have been charged by the police for deceiving an onion trader from Navi Mumbai of Rs 2.07 crore. The accused convinced the trader to invest in the export business promising attractive returns. They exported onions worth Rs 3.20 crore to Dubai and received the payment through an illegal money transfer system. Out of the total proceeds, the accused handed over Rs 29 lakh to the trader. The trader lodged a complaint and an FIR was filed against the accused for cheating, criminal breach of trust, and common intention.
Man loses crypto, court says trading app not to blame
A Bengalurean lost a legal battle against a crypto trading app after losing $12,484 worth of cryptocurrency. The consumer court held that the individual was a victim of cybercrime and the app was not guilty of service deficiency. The individual experienced server trouble and found that his cryptocurrency had vanished from his account. Despite lodging a complaint and attempting to claim insurance, he received no favorable response from the company. He then filed a complaint with the cybercrime unit and approached the consumer disputes redressal commission.
