According to the complaint of Gowtham “as he lacked knowledge in cryptocurrency, he sought Ramesh’s help to befriend Chandrana who claimed to be an expert”.
A Bangaluru businessman was cheated of Rs 3.5 crore on the pretext of helping him invest in cryptocurrency. Two persons Piyushbhai Himmatlal Soni and Rajeshbhai Dhirajlal Soni, from Gujarat were arrested in Bengaluru in this connection. Kunal Anup Chandrana, is absconding.
According to the complaint of Gowtham “as he lacked knowledge in cryptocurrency, he sought Ramesh’s help to befriend Chandrana who claimed to be an expert”.
On May 15, Gowtham transferred Rs 3.5 crore to two bank accounts provided by Chandrana to purchase cryptocurrency
According to a senior police officer, businessman Gowtham’s friend Ramesh T V had claimed that he had made profits in cryptocurrency trading and encouraged Gowtham to invest in the same.
On May 15, Gowtham transferred Rs 3.5 crore to two bank accounts provided by Chandrana to purchase cryptocurrency. However, Chandrana neither bought cryptocurrency nor returned the money, leading Gowtham to file a complaint with South Cyber, Economic and Narcotics (CEN) police station.
Chandrana approached a local court, seeking anticipatory bail. On August 10, the court rejected the bail plea and said, “The investigation officer must recover the currency and record his statement.” However, Piyushbhai and Rajeshbhai have been traced and an investigation in the connection is going on.
