Fraud Arrest

Photo: Times Now

3 Detained In Connection With 'Crypto Currency Fraud': Bengaluru

Bengaluru's Central Crime Branch police detained three individuals for reportedly conducting a Ponzi scam by persuading others to invest in crypto currency. Raghavendra, Nagaraju, and Shivamurthy, all of HSR Layout, have been recognised as the accused. They devised a chain-link concept in which company members may recruit others to join the platform in exchange for a commission.“The accused ran a firm named FOMOEX in Yelahanka," a police… read-more

Mon, 08 Nov 2021 - 11:17 AM / by Vidhi Jhunjhunwala

Tags: Bangalore, arrest, Cryptocurrency, Yelahanka, Ponzi scam

Courtesy: The Indian Express