Fugitive in Rs 100+ Crore Crypto Scam Nabbed by Ahmedabad Crime Branch

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News18•17-02-2026, 12:45
Fugitive in Rs 100+ Crore Crypto Scam Nabbed by Ahmedabad Crime Branch
- •Ahmedabad Crime Branch apprehended Sujit Shankarrao Dev, wanted for two years in a Rs 100+ crore crypto-investment fraud.
- •Dev was absconding after allegedly siphoning funds from investors in Dahisar, Mumbai, promising fourfold profits on cryptocurrency.
- •He is wanted under IPC sections 406, 420, 34, 120(B) and MPID Act sections 3 and 4.
- •The accused and partners cheated over 100 victims of crores of rupees.
- •Separately, Ahmedabad Crime Branch also busted an interstate syndicate defrauding e-commerce platforms like Flipkart and Amazon.
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