Nagpur, August 25: Three persons were arrested for allegedly cheating a man of Rs 1.60 crore by promising him high returns on investment, a Nagpur police official said on Friday. These three persons and an associate had got complainant Vinod Gupta to invest Rs 1.60 crore in a cryptocurrency scheme but he did not get any returns, after which he approached police, the official said. ChatGPT-Like AI Chat Tool Used by CryptoRom Scammers To Trick Users Into Scams, Says Report

The accused have been identified as Kishor Jham, his son Devansh, Santosh Lande and Mangal Tiwari, the Economics Offence Wing official said. Crypto Ponzi Scam: Odisha Economic Offence Wing Busts Rs 1,000 Crore Cryptocurrency Fraud, STA Crypto Token Head and Colleague Arrested

Kishore Jham, his son and Lande were arrested by Ambazari police, he said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)