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Home > Mumbai > Mumbai Crime News > Article > Navi Mumbai Doctor cheated of more than Rs 13 cr in cryptocurrency fraud

Navi Mumbai: Doctor cheated of more than Rs 1.3 cr in cryptocurrency fraud

Updated on: 03 November,2023 01:54 PM IST  |  Mumbai
mid-day online correspondent |

An offence has been registered against four people for allegedly cheating a doctor of more than Rs 1.3 crore

Navi Mumbai: Doctor cheated of more than Rs 1.3 cr in cryptocurrency fraud

Representative image/iStock

An offence has been registered against four people for allegedly cheating a doctor of more than Rs 1.3 crore.


The Navi Mumbai-based doctor was lured to invest in cryptocurrency.



According to the police official, a case under section 420 (cheating) and other relevant provisions of the Indian Penal Code and Information Technology Act has been registered against four persons. Speaking about the case, the police from the cyber police station said, "No arrests have been made so far."


The accused contacted the doctor from Sanpada on different occasions between April and June 2023.

The victim was made to invest more than Rs 1.31 crore in cryptocurrency trading after promising him lucrative returns.

"When the victim did not get any returns on his investment, he contacted the accused, who gave him evasive replies," the police official said.

A probe has been initiated.

Meanwhile, in another incident from Navi Mumbai, four persons allegedly attacked an employee of Hindustan Petroleum Corporation Limited (HPCL) at the company's office for black-listing a tanker driver.

The incident occurred at the HPCL office in Turbhe around 7.30 pm on Thursday when the accused entered the premises and allegedly attacked the manager with an iron rod and stabbed him, an official said.

"A case under sections 307 (attempt to murder), 324 (voluntarily causing hurt by dangerous weapons or means) and other relevant provisions of the Indian Penal Code has been registered against the accused Sagar Yadav, Pradeep Yadav, Rohit Yadav and Bholu Yadav," he said.

"Rohit Yadav was arrested late on Thursday," the police said. The injured employee has been hospitalised.

(with inputs from PTI)

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