DGP hopeful of extradition of cryptocurrency fugitive wanted by SIT in Rs 2500 Cr fraud in Himachal

Himachal Pradesh Director General of Police Sanjay Kundu stated that SIT probing Rs 2500 crore cryptocurrency fraud would succeed in the extradition of the kingpin of the crime soon

Mr. Kundu told the media here today that  Kingpin Subhash Sharma, who had fled to Dubai in a fraud of more than Rs 2500 crore in Himachal, wanted by the SIT would be arrested soon. 

 Sanjay Kundu said that Subhash’s visa is about to expire. After this, he will be arrested at the international airport. Look-out notices have already been issued to bring him back.

He said that after the strictness of the SIT, due to fear of action, the fraudsters are returning the money of the investors. Meanwhile, the police have also frozen the property worth Rs 12 crore of the accused. Recently two properties of Subhash Sharma worth Rs 3.50 crore have been seized.

Sanjay Kundu said that today the police gave the status report related to cryptocurrency fraud in the High Court and Designated Court in a sealed cover envelope. The court is also satisfied with the police investigation. Nine people have also applied for anti-separate bail in the High Court and Designated Court. But, the court did not grant him bail.

The Director General of Police said that it is not yet known who is the investor or the victim in cryptocurrency. Till now 350 complaints have been received in this matter. The fraudsters have mostly targeted government officials and employees and the four-lane affected people who had received compensation. The money of such people was invested.

Even the banking and taxation system could not detect the fraud. DGP said that even the banking and taxation system could not detect this fraud. This is a big thing. Generally, banks and Income Tax keep an eye on transactions of more than Rs 50 50,000, but this scam of Rs 2500 crore did not come to the notice of these departments.

DGP said that Subhash Sharma and his associates spent Rs 3.50 crore on foreign tours of some people investing in cryptocurrency. He was taken on a tour to Dubai, Thailand, and many other countries so that people’s trust could be won.

Ex-serviceman cheated of Rs 1.5 crore in Sirmaur Meanwhile, ex-serviceman cheated with crypto in Sarahan area of ​​Sirmaur

A fraud of Rs 1.5 crore has taken place in the name of currency. Former soldier Vidya Prakash, in the allurement of doubling his investment, invested his life’s earned and savings in cryptocurrency. Now the former soldier has approached the police with a complaint. The police have given the complaint of the ex-serviceman to the Special Investigation Unit (SIT) formed to investigate the cryptocurrency fraud.

SIT investigation revealed that the accused had lured the former soldier to double his money in two years. Forget doubling his money, he could not even get back the amount invested. It is being told that the accused who had invested the money from the former soldier has already been arrested by the SIT.

Deputy Chief Minister Mukesh Agnihotri stated yesterday that 5000 government employees including police personnel have fallen trap of a cryptocurrency racket which is being probed.