UP Man Arrested for Buying Cryptocurrency for Chinese Scammers


Cyber Crime police of Aligarh, Uttar Pradesh arrested Harsh Kumar, 24, for cheating a woman of ₹5.98 lakh in the name of an online parcel scam. Investigation revealed that Kumar had been purchasing crypto currency on behalf of Chinese nationals with the illegally obtained money.

The arrest followed a complaint from a woman from Tarnaka, who reported that she had received a call regarding a parcel on her name with the Andheri East Mumbai branch. The caller threatened her with legal consequences for having illegal items circulating with her name and asked her to pay money to clear her name from the case. In the end, the woman transferred a total of ₹5,98,725.

In the course of the probe, it became clear that Kumar had set up a Binance account, which facilitates crypto currency exchange, for Chinese fraudsters and used the cheated amount to purchase crypto currency on their behalf. The police are still trying to track the money and the connections between the accused and Chinese nationals.

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