Nagpur, November 20: Three persons were booked for allegedly cheating a businessman of Rs 10 lakh in Nagpur by promising high returns on investment in cryptocurrency, a police official said on Monday.

Victim Rukesh Waikar (37) invested Rs 10 lakh in October and filed a complaint after the accused, identified as Kiran Bhalerao, Mahesh Kumar Dadwadi and Sumit Boria, failed to fulfil their promise, the Wadi police station official said. Cryptocurrency Hacking: USD 173 Million Lost in Crypto So Far in November, Hackers Steal Over USD 114 Million From Poloniex Cryptocurrency Exchange.

The accused have been booked for cheating and other offences under Indian Penal Code and further probe was underway, he added.

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)