Two booked in ₹20 lakh bitcoin fraud in Pune

The duo managed to dupe the group members of ₹20,54,000 between December 2016 and March 2018.

Two people were booked for duping a group of people of ₹20,54,000 with fake promises of investment in bitcoin. Rajendra Mohite, senior police inspector of Samarth police station, is investigating the case.

A case under Sections 420 (cheating) and 34 (common intention) of Indian Penal Code (IPC) and Sections 66 (c)(d) of Information Technology Act was registered at Samarth police station. (HT REPRESENTATIONAL PHOTO)

The complaint in the matter was filed by Kranti Khandre, 44, a resident of Bhawani Peth and a member of Chintamani group.

The two booked people include a man, who pretended to be the country head of a United Kingdom-based web company. Along with the co-accused woman, the man gained the trust of the members of Chintamani group. He then lured them into bitcoin investment with a fake promise of 30 per cent return. The duo managed to dupe the group members of ₹20,54,000 between December 2016 and March 2018.

A case under Sections 420 (cheating) and 34 (common intention) of Indian Penal Code (IPC) and Sections 66 (c)(d) of Information Technology Act was registered at Samarth police station. The police are on a lookout for the two.