📷 Image: Wikimedia Commons / Nicholas (Nichalp)
Crime
Two Arrested in Mumbai for Defrauding Share‑Market Professional of ₹19.78 Lakh in Crypto Scam
✍️ lokmattimes.com
🗓 01 Sep 2026, 04:35 PM
👁 30
Mumbai police have detained two suspects accused of cheating a share‑market professional out of ₹19.78 lakh through a cryptocurrency fraud.
Mumbai police announced the arrest of two individuals suspected of siphoning ₹19.78 lakh from a share‑market professional via a cryptocurrency scheme. The suspects were taken into custody after investigators linked them to a fraud that exploited the victim's interest in digital assets. Authorities said the amount was transferred through multiple crypto wallets before the scheme unraveled. The police have opened a case under the cyber‑crime provisions and are probing the network of accounts used in the fraud. Further details about the investigation will be released as they become available.