Rs 2.5 crore Delhi cryptocurrency scam: Dubai-based kingpin arrested from airport
After duping at least 45 people here, Verma shifted his business from India to Dubai.
By hindustantimes.com | Edited by Poulomi Ghosh | Hindustan Times, New Delhi
UPDATED ON JAN 01, 2021 04:11 PM IST
Umesh Verma, a 60-year-old man, has been arrested from the Indira Gandhi International Airport on Thursday as he arrived from Dubai on charges of duping at least 45 people to the tune of Rs 2.5 crore in a cryptocurrency scam.
Here is all you need to know about the scam
> In 2017, Umesh Vera and his son Bharat Verma set up Pluto Exchange which apparently launched India’s first mobile application for transacting in virtual currencies. At that time, they also held a press conference launching their scheme where people can buy, sell, store and spend bitcoins just via a mobile number.
> They promised a return of 20-30% each month, according to one of the 45 investors.
> They also promised added commission if an investor brings in more people.
> When the company could not meet its promises, it said to its investors that bitcoin price plummeted and several of the company’s bank accounts were seized.
> Then, Pluto Exchange shifted its offices to Dubai and launched similar operations in Dubai.
> Umesh Verma originally had a jewellery business. He was earlier arrested in a gold smuggling case as well.
Topics
Early summer, lack of rain spark fires
By Jayashree Nandi
PUBLISHED ON MAR 08, 2021 12:10 AM IST
- According to Forest Survey of India’s forest fire alert system, there were 2,317 fire points last year between February 26 and March 7, but the figure rose to 53,211 this time after data from the Suomi National Polar-orbiting Partnership (SNPP) was taken into account.
Woman, 32, mother of two rappels down 155-feet mountain blindfolded in 58 sec
ANI, Kancheepuram
UPDATED ON MAR 07, 2021 11:54 PM IST
The record was entered in the UNICO Book of World Records and was certified by an official adjudicator R. Sivaraman.
24-yr-old man gets death for rape, murder of 5-yr-old boy
PUBLISHED ON MAR 07, 2021 11:10 PM IST
Rudrapur A 24-year-old man has been awarded death penalty for sodomising and murdering a 5-year-old boy in Uttarakhand’s US Nagar district in 2019
Every breach of promise to marry doesn’t mean rape: SC
PUBLISHED ON MAR 07, 2021 11:10 PM IST
New Delhi A charge of rape is not applicable in every case where a man does not marry his girlfriend after a promise, the Supreme Court has held
Rights and wrongs of the LAC conflict clear: China
By Sutirtho Patranobis
PUBLISHED ON MAR 07, 2021 11:09 PM IST
Beijing China said on Sunday that New Delhi and Beijing should not undercut or be suspicious of each other, but added that the rights and wrongs of what happened at the Line of Actual Control last year were clear, appearing to again put the blame on India for the worst military standoff between the two countries in decades
Women are not pleading, they’re leading: Smriti Irani
By Vinod Sharma
PUBLISHED ON MAR 07, 2021 10:57 PM IST
New Delhi: On the eve of the International Women’s Day, union minister for women and child development Smriti Irani spoke to HT on the challenges and opportunities the women have in the country, her role as a minister and the BJP’s battle axe against the Congress
Telangana government declares holiday for women employees on Women's Day
ANI, Hyderabad, Telangana
PUBLISHED ON MAR 07, 2021 10:55 PM IST
"Women are competing with men in all the fields and are excelling. Women, who constitute 50 per cent of the population, would do wonders if they were given a chance," Chief Minister K Chandrasekhar Rao said.
APJ Abdul Kalam's brother Mohammed Muthu Meeran passes way at 104
PTI, Rameswaram
UPDATED ON MAR 07, 2021 10:48 PM IST
Tamil Nadu deputy chief minister O Panneerselvam conveyed condolences over Mohammed Muthu Meeran's demise.
Aircraft doesn't know if man or woman officer is flying it: IAF’s Shaliza Dhami
By hindustantimes.com | Written by Kanishka Sarkar, Hindustan Times, New Delhi
PUBLISHED ON MAR 07, 2021 10:35 PM IST
During the Budget Session in Parliament last month, the government informed that the headcount of women in the military has increased almost three-fold over the last six years.
Will hold meeting with Kolkata farmers on March 13: Farmer leader Rakesh Tikait
ANI, New Delhi
PUBLISHED ON MAR 07, 2021 10:22 PM IST
When asked about the stalemate between farmers and the Centre even after more than 100 days, Tikait said that the government, sooner or later, will have to pay heed to farmers' issues.
No leadership challenge from G-32 leaders, says Digvijaya Singh
Posted by Harshit Sabarwal | PTI
PUBLISHED ON MAR 07, 2021 09:52 PM IST
These leaders, also being called G-23, had written a letter to Sonia Gandhi seeking dissolution of power to state units, revamp of the CWC etc, and had recently held a meet in Jammu.
News updates from HT: Harsh Vardhan says India is in 'pandemic endgame'
By hindustantimes.com, New Delhi
PUBLISHED ON MAR 07, 2021 09:06 PM IST
Here are today’s top news, analysis and opinion. Know all about the latest news and other news updates from Hindustan Times.
Goa Cong says Centre's new OCI notification will 'finish Goans working abroad'
ANI, Panjim
PUBLISHED ON MAR 07, 2021 09:03 PM IST
Girish Chodankar further claimed that non-resident Goans abroad will now not be able to send money to their families in India without having to go through the hardships of Foreign Exchange Management Act (FEMA) regulations.
Harsh Vardhan says India is in the endgame of Covid-19 pandemic
PTI, Hindustan Times, New Delhi
PUBLISHED ON MAR 07, 2021 08:30 PM IST
We are in India, has emerged as the world's pharmacy, and it supplied 5.51 crore Covid-19 vaccines to 62 different countries, Union health minister Harsh Vardhan said.
Ashok Gehlot says Centre should increase spending on Covid-19 research
PTI, Jaipur
PUBLISHED ON MAR 07, 2021 08:27 PM IST
Claiming that the US and UK are carrying out Covid-19-related research at a cost of USD 1 billion and 18.5 million pounds, Gehlot said the Union government has allocated only ₹2,663 crore for health research in budget.