Indian police have arrested two individuals involved in a fraudulent project GainBitcoin. Their arrest followed a series of arrests in Delhi, where police raided a large mining farm. This writes the Times of India.
The newspaper quoted an unnamed police officer, who stated that two suspects were involved in promoting a Scam project among thousands of investors across India. According to police, the detainees received funds hundred people, and then fled. Now have to figure out the exact number of victims.
It is reported that prisoners — supporters of Amit Bhardwaj (pictured), Creator of the infamous fraudulent project GainBitcoin, estimated at $300 million GainBitcoin emerged as the scheme of network marketing in 2015. The pyramid has attracted more than 100,000 investors, which promised a monthly profit of 10% of their investment.
The fraud surfaced after April 2018 at GainBitcoin was filed two complaints, and then another one in another city. In may, when I received another complaint, the authorities intervened, having considered the draft global criminal scheme.
Specialists of the Department for combating cybercrime in Pune during the preliminary investigation, found the wallet, which controlled Bhardvadzh. On their balance sheets just 3.31 bitcoin, while the previous balance was $ 5372 bitcoin. The authorities also appealed to the Zebpay, finding that a significant volume of transactions between victims and Bhardwaja was carried out through this platform.
According to a recent CCN report, Bhardvadzh suggested the investors to recover their investment in bitcoin to Indian rupees at the time of the initial transactions. However, the victim refused, demanding compensation at the current rate.
The publication quoted one of the victims:
Today, the price of bitcoin is much higher than when we invested. It turns out that Bhardvadzh get to keep the profit and just give us the initial amount, which is wrong.
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