2 men lure bank employee to invest in Bitcoin and cheat him; arrested

by James · March 26, 2023

Police added that when the complainant did not get the money, he asked the accused to return it and the accused asked him to invest more money and download a ‘crypto app’ to get high returns.

2 Men Lure Bank Employee Bitcoin Investment Arrest Delhi Police Indian Express Investigation of the money trail led the police to the bank account of a jeweler in Rohini where the defrauded amount was credited. “On enquiry, it was revealed that one Jatin Kumar Dhall, a Class XII graduate, transferred the amount against purchase of jewellery,” DCP Kalsi said. (representative/file)

Two people were arrested for allegedly duping a bank employee of nearly Rs 1 lakh on the pretext of investing in Bitcoin by claiming that it would give high returns.

DCP (North) Sagar Singh Kalsi said the police received a complaint from the wealth manager of a reputed bank, a resident of Sarai Rohilla, who stated that in September last year, an unknown person messaged him through an Instagram ID and suggested that he invest money in Bitcoin. “The complainant was caught in the lure and transferred Rs 90,000 through his bank account in the assurance that he would get Rs 2,50,000 within three hours,” the DCP said.

Police added that when the complainant did not get the money, he asked the accused to return it and the accused asked him to invest more money and download a ‘crypto app’ to get high returns. “He gave him a link to install the app, but the complainant became suspicious and filed a complaint,” police said.

Investigation of the money trail led the police to the bank account of a jeweler in Rohini where the defrauded amount was credited. “On enquiry, it was revealed that one Jatin Kumar Dhall, a Class XII graduate, transferred the amount against purchase of jewellery,” DCP Kalsi said.

Dhall’s location was traced and he was arrested. During interrogation, he revealed that he and his accomplice, Anshul Arora, a B.Com graduate, had allegedly cheated people on the pretext of Bitcoin investments.
A raid was conducted and Arora was arrested from Greater Noida. Police said he burned his phone in an attempt to destroy evidence. The phone has been sent to FSL. Both the accused used to use the cheating racket, the DCP said.