Rs 50 Cr crypto scam mastermind Ajay arrested in Agra; 1,500 duped

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News18•12-12-2025, 20:00
Rs 50 Cr crypto scam mastermind Ajay arrested in Agra; 1,500 duped
- •Mastermind of a Rs 50 crore cryptocurrency investment fraud arrested in Agra, UP.
- •The scam duped over 1,500 people across Uttar Pradesh, Uttarakhand, and Delhi.
- •Accused Ajay ran a network using a fake crypto platform, promising high returns.
- •He created a fraudulent website and organized seminars to lure investors.
- •Six of Ajay's associates are currently absconding.
Why It Matters: Beware: Crypto scams promising high returns are a real threat.
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