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Indian Police Make Fourth Arrest in $70 Million Crypto Scam

From ccn.com

Delhi cyber crime police have made further developments in the unfolding cryptocurrency scam run by an organization going by the name ‘Flintstone Group’. The group launched a fraudulent cryptocurrency called Money Trade Coin (MTC), hoodwinking 25,000 investors with promises of massive returns which, of course, never materialized. After making three arrests last year including Flintstone Group managing director Amit Lakhanpal and his chief accountant Sachin Shelar, the Delhi police cyber crime unit arrested a fourth man, Rohit Kumar, on Tuesday. A resident of Kanpur, Kumar was a collection agentworking on behalf of ... (full story)

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