Directorate of Enforcement (ED) has conducted raids at 21 locations across Karnataka, Maharashtra, and Delhi. This action was taken in connection with a major crypto investment fraud case involving M/s. 4th Bloc Consultants.
MODUS OPERANDI: Fraud was committed by creating fake crypto platforms and using photos of celebrities to lure people with the promise of "astronomical returns."
ASSETS IDENTIFIED: Several properties and crypto wallet addresses have been identified both in India and abroad.
FRAUD NETWORK: Money was being laundered through Hawala and P2P transfers.
Always verify before investing in any "Too good to be true" crypto scheme!
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🚨 ED CRACKDOWN: MAJOR CRYPTO FRAUD EXPOSED!
Directorate of Enforcement (ED) has conducted raids at 21 locations across Karnataka, Maharashtra, and Delhi. This action was taken in connection with a major crypto investment fraud case involving M/s. 4th Bloc Consultants.
MODUS OPERANDI: Fraud was committed by creating fake crypto platforms and using photos of celebrities to lure people with the promise of "astronomical returns."
ASSETS IDENTIFIED: Several properties and crypto wallet addresses have been identified both in India and abroad.
FRAUD NETWORK: Money was being laundered through Hawala and P2P transfers.
Always verify before investing in any "Too good to be true" crypto scheme!