Ex-serviceman, engineer held in Rs 21.05 crore crypto investment scam
BHOPAL: The Madhya Pradesh Cyber Police have arrested an ex-serviceman-turned-district panchayat member and a mechanical engineer for allegedly facilitating a Rs 21.05-crore cyber fraud in which a 70-year-old chartered accountant from Gwalior was duped through a cryptocurrency investment scam.
The arrests mark a significant breakthrough in what investigators describe as one of the largest “pig butchering” cyber frauds reported in Madhya Pradesh.
