PUNE Two people were booked by the Pimpri-Chinchwad police on Friday for duping a man of ₹10 lakh by falsely promising him cryptocurrency at a subsidised rate
PUNE Two people were booked by the Pimpri-Chinchwad police on Friday for duping a man of ₹10 lakh by falsely promising him cryptocurrency at a subsidised rate.
A complaint in the matter was lodged by a 31-year-old local businessman who lives in Kothrud and is a native of Shirshi in Karwar district of Karnataka, according to the police.
The man allegedly met the two men at a hotel in Tathawade on February 26 around 1 pm.
The complainant knew one of the two accused from before the exchange of money happened. The accused showed him valuable belongings in his possession and assured him of having USDT cryptocurrency. The accused allegedly promised to give the currency to him for a price that was less than ₹5 per unit compared to its market rate. The complainant, therefore, agreed to and paid ₹10 lakh in form of ₹500 bills. However, the man never got the promised cryptocurrency, according to his complaint.
A case under Sections 406 (criminal breach of trust), 420 (cheating), and 34 (common intention) of the Indian Penal Code was registered at Wakad police station.
Less time to read?
Try Quickreads
-
75-year-old stabs wife to death, attempts to end life
Mumbai: A 75-year-old Malwani resident stabbed his 70-year-old-wife to death late on Friday night. The man later tried to end his own life. The Malwani police in Malad have registered a case of murder against Samruddin Chandasa Shaikh, a resident of Shivaji Nagar in the Madh area of Malwani. Police officials said he has been admitted to Cooper hospital in Juhu.
-
Three get life sentences for killing watchman during temple robbery
Mumbai: The Mumbai sessions court…
