Agra,

11 Jan (HS): Two suspected masterminds of a cryptocurrency scam involving Rs

100 crore have been apprehended here, police said on Sunday. According to

authorities, the accused scammed thousands of individuals in four states.

The accused, Vinod from Baghpat and Vinay from Lucknow, set up a phony

cryptocurrency website and held seminars at major hotels in 2019, 2020, and

2021 to entice people to invest by promising large profits, according to

Additional Deputy Commissioner of Police (ADC) Aditya. Around 1500 individuals

were defrauded in Agra alone, with thousands more victims in Uttar Pradesh,

Haryana, Himachal Pradesh, and Uttarakhand, he claimed.

So far, investigations have shown that they collected around Rs 100 crore

from individuals in Haryana, Himachal Pradesh, Uttarakhand, and Uttar Pradesh

using this method and stole the cash. The two reportedly received over Rs 100

crore under the program and stole the money. Vinod has already had multiple

cases filed against him, according to the ADC. The Agra police have already

arrested one of their collaborators, Ajay, while numerous more are on the run.

Efforts are on to apprehend them, the officer stated.

Hindusthan Samachar / Abhishek Awasthi