🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

GainBitcoin Scam: Mastermind’s wife falls in ED’s trap as multi-agency pursuit intensifies

Inc42Inc42 · 1y
GainBitcoin Scam: Mastermind’s wife falls in ED’s trap as multi-agency pursuit intensifies

The Enforcement Directorate (ED) has arrested Simpy Bhardwaj, the spouse of Ajay Bhardwaj, a key figure in the GainBitcoin cryptocurrency scam. Simpy Bhardwaj was apprehended for her alleged involvement in enticing investors with false promises of high returns and defrauding the public. This development comes after the Supreme Court ordered the consolidation of all FIRs related to the scam for investigation by the Central Bureau of Investigation (CBI). The ED's ongoing investigation has led to the seizure of assets worth INR 69 crores (approximately $9.3 million) so far. GainBitcoin is known as one of the largest global Ponzi schemes, causing significant financial losses to around 100,000 investors.

4
View Source

Comments

More Like this

GainBitcoin scam case: CBI seizes cryptocurrencies worth over Rs 23.94 crore

GainBitcoin scam case: CBI seizes cryptocurrencies worth over Rs 23.94 crore

Passkey technology is elegant, but it’s most definitely not usable security

Passkey technology is elegant, but it’s most definitely not usable security

As spend management space heats up, Brex and Rho turn to AI startups to help power new products

As spend management space heats up, Brex and Rho turn to AI startups to help power new products

Delhi HC rejects PIL to remove Kejriwal as Delhi CM

Delhi HC rejects PIL to remove Kejriwal as Delhi CM

Maximum-severity GitLab flaw allowing account hijacking under active exploitation

Maximum-severity GitLab flaw allowing account hijacking under active exploitation

Indian authorities seize $65 mln of property in Jet Airways fraud case

Indian authorities seize $65 mln of property in Jet Airways fraud case

Mahadev App Promoters Plan Relocating Their Base To Zimbabwe

Mahadev App Promoters Plan Relocating Their Base To Zimbabwe

Delhi Draft Master Plan 2041: Does it take into account exigencies such as COVID-19?

Delhi Draft Master Plan 2041: Does it take into account exigencies such as COVID-19?

Funding and acquisitions in Indian startups this week [18-23 Mar]

Funding and acquisitions in Indian startups this week [18-23 Mar]

Cyber attack hits Safexpay in FY24: revenue shrinks 67%, losses double

Cyber attack hits Safexpay in FY24: revenue shrinks 67%, losses double

Download the medial app to read full posts, comements and news.