Bizman, friends lose 62 lakh in crypto fraud | Mumbai News – The Times of India

Mumbai: An FIR has been registered by the Kasturba Marg police against six people for allegedly duping the proprietor of a tours and travels agency and three of his friends of Rs 62 lakh in a cryptocurrency investment fraud. The accused convinced the complainant that the cryptocurrency he was investing in would be the “next Bitcoin and would turn its investors into billionaires.” The amount was accepted in cash and the complainant was promised a login and password to check his investments before the cheats went incommunicado. tnn