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A fraudster manages to steal $ 63 million using crypto, arrest and torture him

Posted on October 26, 2022 by admin

A fraudster manages to steal $ 63 million using crypto, arrest and torture him

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Answer A fraudster manages to steal $ 63 million using crypto, arrest and torture him

A fraudster died in India after he committed extensive fraud on his victims, whose crypto stolen amounts amounted to 63 million dollars, but he was later subjected to brutal torture by his accomplices, whom he also deceived.

According to the newspaper The Times of India Indian police managed to arrest a group of fraudsters who managed to defraud the amount of 4.5 billion Indian rupees (equivalent to 62.7 million dollars).

The gang leader was arrested in a critical condition after receiving a severe beating by his accomplices, who placed him in the emergency ward of an Indian hospital.

The company discovered that the gang leader “Abdul Shakoor” had defrauded many locals in the Indian cities of “Manjiri”, “Bandikad” and “Malapuram”.

Read:Bitcoin Price Returns to Below $30K…Here’s Why a $24K Crash Could Possibly

Despite defrauding a large segment of users and stealing $63 million, this did not satisfy the greed and greed of “Abdul Shakour”, who also defrauded his partners by telling them that his Bitcoin wallet had been hacked and stolen.

However, this did not convince his accomplices, who beat him, causing him severe bodily harm.

This is after several attempts with the gang leader who did not reveal the truth about the fate of the bitcoin in his possession.

On August 12, the gang leader searched for a house for rent in the city of Dehradun.

Then, on August 20, he moved to the new house

But the gang members joined him on August 26 and pressured him to demand their share

But he refused and told them that it had been stolen and that his wallet had been hacked, which led the gang to torture him in an attempt to interrogate him about the location of Bitcoin.

After the gang leader arrived in a serious health condition, a relative brought him to the hospital

He dies there, leaving $63 million of Bitcoin in a locked position that only he can access.

Read:Four Reasons Ethereum Is Undervalued

The police director and the commander of the investigation process stated the following:

“The gang pressured Abdul Shakur to show them the key to access the Bitcoin wallet, but he refused to be tortured in a brutal way that led to his death.”

Shortly thereafter, the police services managed to arrest the estimated five individuals involved in the gang.

Read also:

The biggest scams and arrests that took place in the crypto market in 2019

Beware of Buying These Fraudulent Cryptocurrencies of 2019


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