₹10 Crore Fraud in the Name of Cryptocurrency
Adilabad: Adilabad One Town police arrested two inter-state accused involved in a case where hundreds of people across Telangana and Andhra Pradesh were defrauded with promises that cryptocurrency investments would double in two years. SP Akhil Mahajan stated that preliminary investigations suggest the accused collected over ₹10 crore by running a scheme under the name 'ITC Global,' operating on Ponzi and multi-level marketing models.
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