International crypto-currency racket busted by State Cyber cell. The nexus includes Pakistani and Chinese nationals, CAs and CAs and businessmen, four accused have been arrested in racket through which Rs 50 crore were sent to Pakistan.
The cyber cell busted a gang which was involved in sending Rs 50 crore through crypto currency which were duped from several victims across the country.In the investigation three Dilip Patel, Vijay Hariyani, Vijay Chutlani from Rajkot operating firm Viktek, CA Avik Kedia was arrested from Gurgaon, Doly Makihja and Vicky Makhija were arrested from Delhi while search for other accused has been intensified.
The links were revealed after a complaint was lodged by a businessman on June 16 regarding fraud of over Rs 1 crore who was cheated after he came into contact with a woman over dating site Bumble who share http://h20.gbull.shop for trade and asked to deposit over Rs 1 crore in ICICI, Kotak and Mahindra banks in 5 different company accounts.
The key role was played by CA and CS who helped by forming shell companies in India and Cryptocurrency exchange WazirX and Cayman Islands Tax Haven-based crypto currency exchange Binance used as medium. The amount was being traded by converting USDT to Tether and in this way accused in India were sending money abroad by getting the company registered and opening current accounts.Pakistani nationals who were contacting Indian traders on Non Network Registered Whatsapp numbers, which Indian crypto traders were not even aware of and on receiving information from Google about the e-mail id - win.in.lib.ex@gmail.com being used by the accused to contact the complainant.