Cryptocurrency: Pune Businessman Duped of Rs 1.12 Crore in Bitcoin Investment Scam

Share this News:

Pune, 13th May 2023: A shocking case of online fraud has come to light as a businessman was swindled of Rs 1.12 crore under the pretence of investing in the cryptocurrency Bitcoin with promises of high returns.

The victim, a 46-year-old resident of Vadgaon Sheri, Pune, filed a complaint with the cyber police station in Shivajinagar regarding the incident. The police have registered the case against Daniel Cooper, Alexander Hoodhead, and two other individuals responsible for holding the mobile phones used in the fraudulent activity. The fraudulent transactions took place between 20th September 2021 and till date.

According to the police investigation, the accused individuals, Daniel Cooper and Alexander Hoodhead, contacted the complainant through mobile phones and email. They posed as representatives from the trading site and enticed the victim with promises of significant returns by investing in Bitcoin, a popular cryptocurrency.

Subsequently, the accused fraudulently obtained 2.796366 bitcoins from the victim, amounting to a total value of Rs 1 crore 12 lakh 60 thousand, for their financial gain.

Senior Police Inspector Minal Supe Patil from the Cyber Police Station is currently leading the investigation into this case.


Also Read News In Marathi 

Join Punekar News Whatsapp GroupTelegramInstagram And Twitter  For Regular Update about Pune City And Pimpri-Chinchwad

Also Read Political News On Sarkar Khabar