Malaysian Man: Malaysian man wanted in crypto fraud nabbed | Nagpur News
Nagpur: A Malaysian man, wanted in a case of cryptocurrency fraud registered by the city police in 2017, was nabbed from Delhi’s Indira Gandhi international airport on Monday after being alerted by the security department.
A lookout notice had been issued against the Malaysian man in the case.
The city police senior officials had received a call from the airport security regarding the arrival of the Malaysian man.He was immediately detained and handed over to the city police’s EoW sleuths.
It’s learnt, the Malaysian man had organized a seminar on cryptocurrency in a hotel in Nagpur where he lured several investors to deposit in the scheme which would help them earn substantial returns. Later, the foreign national had fled the country.
We also published the following articles recently
A lookout notice had been issued against the Malaysian man in the case.
The city police senior officials had received a call from the airport security regarding the arrival of the Malaysian man.He was immediately detained and handed over to the city police’s EoW sleuths.
It’s learnt, the Malaysian man had organized a seminar on cryptocurrency in a hotel in Nagpur where he lured several investors to deposit in the scheme which would help them earn substantial returns. Later, the foreign national had fled the country.
We also published the following articles recently
CID nabs one for crypto currency fraud
The CID arrested Sashi Shankar Kumar alias Vicky for cheating investors by promising high returns in crypto-currency trade using AI. The complainant from Bokaro district alleged that Kumar initially helped him earn profit through a gold bond scheme. Kumar then persuaded him to invest in crypto currency, promising returns of up to 300%. Kumar operated a fake website to show hikes in valuations. He and his accomplices traveled to Dubai and Russia with the cheated money.
The CID arrested Sashi Shankar Kumar alias Vicky for cheating investors by promising high returns in crypto-currency trade using AI. The complainant from Bokaro district alleged that Kumar initially helped him earn profit through a gold bond scheme. Kumar then persuaded him to invest in crypto currency, promising returns of up to 300%. Kumar operated a fake website to show hikes in valuations. He and his accomplices traveled to Dubai and Russia with the cheated money.
Man gets 5yr RI in bank fraud case
The special judge for CBI cases in Visakhapatnam has sentenced M Sudhakar Rao, managing partner of a steel tubes plant, to five years of rigorous imprisonment and a fine of 6,000 in a bank fraud case. The case was registered against the then chief manager of Union Bank of India and others, including Rao, for conspiring to cheat the bank’s small scale industries finance branch. The bank suffered a loss of around 60.49 lakh.
The special judge for CBI cases in Visakhapatnam has sentenced M Sudhakar Rao, managing partner of a steel tubes plant, to five years of rigorous imprisonment and a fine of 6,000 in a bank fraud case. The case was registered against the then chief manager of Union Bank of India and others, including Rao, for conspiring to cheat the bank’s small scale industries finance branch. The bank suffered a loss of around 60.49 lakh.
Cyber fraud kingpin nabbed from Noida
The Cyber Crime Branch has arrested the kingpin of a gang that duped people by promising jobs in Noida. Two accomplices were previously caught after a man was cheated of Rs 1.5 crore. The kingpin, Rishabh Dubey, is from Varanasi. The gang created fake websites with payment gateways to deceive job seekers. They communicated with victims through email and withdrew money from ATMs across different states.
The Cyber Crime Branch has arrested the kingpin of a gang that duped people by promising jobs in Noida. Two accomplices were previously caught after a man was cheated of Rs 1.5 crore. The kingpin, Rishabh Dubey, is from Varanasi. The gang created fake websites with payment gateways to deceive job seekers. They communicated with victims through email and withdrew money from ATMs across different states.