The Special Task Force of Uttar Pradesh, India, has busted a Bihar-based gang of crypto criminals. The group of three people victimized the job-aspirants by offering overseas posts and carried transactions in bitcoins.
As reported by the TimesOfIndia, the police arrested Rakesh Kumar Singh, Pradeep Deo, and Bittu Yadav from Chinhat. Possessions recovered from the fraudsters included 16 ATM Cards, two Adhaar Cards, a driving license, two PAN cards, and cash amounting Rs. 21,300. Rajeev Mishra, the SSP of the STF, reported, “After getting information that a gang duping job seekers were active in Kushinagar and Lucknow, a team zeroed in on the culprits and arrested them.” It is also informed that the Indians residing in the United States, the UK, Canada, and Australia were also robbed.
The SSP also unveiled that the gang used a three-tier method to make money via bitcoin, comprising of a scammer, bitcoin vendor, and pickers. Mishra said, “The scammer, who is the main handler, roped in bitcoin vendor and pickers and gave them commission after executing an online fraud.” Accordingly, the scammer posted the advertisements for posts asking people to contact him. As soon as an aspirant was deceived, the picker would then demand a payment in bitcoin.
As per the report, the pickers employed multiple bank accounts to escape the radar of the authorities and transferred the received amount to a bitcoin vendor who converted the money in the digital currency. The amount was then sent to the scammer’s wallet. According to the cops, the arrested pickers have named others active in the region. For now, police have attained the list of bank accounts and transactions made in them.
