Alert Pune Businessman Loses Rs 1.12 Crore in Bitcoin Investment Scam Shock!


Pune, 13th May 2023: An online scam has been exposed in which a businessman is swindled out of thousands of dollars. Rs 11.2 crores under the pretext of investing in cryptocurrency Bitcoin High returns are promised.

A 46-year old resident of Vadgaon Sheri, Pune filed a report with the Cyber Police Station in Shivajinagar The incident. The police have filed a case against Daniel Cooper and Alexander Hoodhead, two individuals who were also responsible for the mobiles used in the fraudulent activities. The fraudulent transactions occurred between 20th September 2021 and the year 2021.

In the course of the investigation by the police, the accused contacted the complainant via mobile phones and emails. They asserted that they were representatives of the trading site, and promised victims significant returns on their investments. Bitcoin, is a popular digital currency.

The accused obtained 2,796366 Bitcoins fraudulently from the victim. This totaled a value of Rs 1 crore, 12 lakhs and 60 thousand for their financial benefit. Senior Police Inspector Minal Supe Patil from the Cyber Police Station is leading the investigation.

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