Indian Police File Charges Against Masterminds of $60 Million Bitcoin Scam

Indian police in the city of Pune have charged Amit Bharadwaj along with three other individuals – Vivek Bharadwaj, Pankaj Adlakha and Hemant Bhope, involved in a multi-level marketing (MLM) crypto scam. It is alleged that Amit who is the central character of the trial collected about Rs 10 crore (about $1.42 million) from unsuspecting investors, under the guise of high-yield cryptocurrency investments.

Amit Bhardwaj started his cryptocurrency journey in 2016, according to his LinkedIn profile. He describes himself as an entrepreneur, investor, dreamer, and pioneer of Bitcoin on LinkedIn. He boasts of being the founder of four crypto-based businesses – Amaze Miners, GB Miners, CoinBank, and Amaze Mining & Blockchain Research Ltd.

Reference: https://www.ccn.com/indian-police-file-charges-against-masterminds-of-60-million-bitcoin-scam/

Share this: