India: Police Arrest Four More Suspects in Alleged $14 Million Crypto Scam
Cointelegraph
Published Mar 23, 2019 09:07AM ET
Updated Mar 23, 2019 09:22AM ET
India: Police Arrest Four More Suspects in Alleged $14 Million Crypto Scam
Law enforcement in Mumbai, India have arrested four more suspects allegedly involved in a cryptocurrency scam that amassed an estimated 1 billion rupees (over $14 million). English-language daily media outlet The Times of India reported on the arrests on March 22.
Per the report, the police arrested Ashok Goyal Jaipuria, Asif Malpani, Baljit Singh Saini and Pradeep Arora from Delhi. Several of Goyal’s bank accounts have been reportedly frozen as well, since he is allegedly the head of the scheme. The Times of India also states that an unnamed Bollywood actor who reportedly attended promotional events of the scam will likely be questioned as well.
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Written By: Cointelegraph
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