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Cryptocurrency fraud: Navi Mumbai cyber police freeze bank accounts worth Rs 32.66 crore

The Navi Mumbai cyber police conducting the probe into a cryptocurrency fraud have frozen several bank accounts involving amounts worth Rs 32.66 crore, an official said on Wednesday. Senior police inspector Gajanan Kadam of the cyber police station in Navi Mumbai said they received a cheating complaint in August from a man. The man stated in the complaint that a woman caller befriended him and later asked him to invest in cryptocurrency trading while assuring good returns. An offence in this connection was registered with the cyber police under various sections of the Indian Penal Code and the Information Technology Act.

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