Shimla: The particular investigation staff (SIT) has seized seven autos of the accused within the Rs 2,500 crore cryptocurrency rip-off. To date, the SIT has arrested 18 individuals, together with 4 police personnel within the case. The SIT has additionally frozen properties price Rs 12 crore, together with that of mastermind Subhash Sharma in Mandi and Zirakpur, which is price Rs 3 crore.
Police have arrested three of the 4 principal accused within the case whereas kingpin Subhash Sharma from Sarkaghat in Mandi district is hiding in Dubai.Sharma earned Rs 200 crore from the rip-off and fled to Dubai along with his spouse earlier than a case was registered. His Visa has expired now.
Round 5,000 authorities workers, together with these from the police division have invested within the crypto foreign money. SIT investigation revealed that police personnel first grew to become buyers after which brokers. Seeing the SIT tightening its grip, many are transferring courts for anticipatory bail. A number of of the accused have gone underground and the SIT is trying to find them.
The SIT has decrypted the web site used for the rip-off, wherein many transactions have been discovered. Investigations to this point revealed that 70 to 80 individuals made a revenue of greater than Rs 2 crore.
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