Indian Police Arrest Two Suspected of Duping 1,400 in Alleged $12M Crypto Scam

“In court, while securing custody, we stated that based on currently available information the scam is worth 6 crore ($750,000), but we estimate the amount to be upwards of 50 crore and below 100 crore,” the officer said. “Some discrepancies in the amount of money associated with each of the 1,400 or so investors have emerged.” One crore is the equivalent of 10 million.

Source: https://www.coindesk.com/business/2022/09/06/indian-police-arrest-two-suspected-of-duping-1400-in-alleged-12m-crypto-scam/?utm_medium=referral&utm_source=rss&utm_campaign=headlines