A 40-year-old man from Maharashtra's <a href="https://www.mid-day.com/mumbai/mumbai-news/article/mumbai-borivli-brothers-booked-for-rs-14-lakh-crypto-investment-scam-23595318" target="_blank" rel="none noopener">Thane district</a> lost about Rs 27 lakh in a cryptocurrency investment scam after falling for "high" returns, a police official said on Friday, reported news agency PTI.
In his complaint to the Kolsewadi police station in the Kalyan area, the man said Kolhapur resident Dheeraj Sakalkar cheated him between May and July of this year after persuading him to invest in digital assets, reported PTI.
The accused promised a 30 per cent return on <a href="https://www.mid-day.com/mumbai/mumbai-news/article/online-financial-frauds-surge-in-maharashtra-recovery-remains-low-23581930" target="_blank" rel="none noopener">crypto investment</a>, the man told the police, adding that he transferred about Rs 27 lakh in multiple instalments.
However, after months of waiting, he neither received the promised returns nor the original investment. The accused eventually became unreachable, he said, reported PTI.
An official from Kolsewadi police station said they have registered a case, and efforts are ongoing to trace the accused and recover the defrauded amount.
<h2>Four cash firm employees booked for Rs 6 lakh ATM collection fraud in Thane</h2>
In another case, the police have registered a case against four employees of a cash management company for allegedly misappropriating Rs 6.18 lakh while handling ATM collections in <a href="https://www.mid-day.com/mumbai/mumbai-news/article/mumbai-businessman-loses-rs-4-21-crore-in-fake-share-trading-scam-23585523" target="_blank" rel="none noopener">Maharashtra's</a> Thane district, officials said on Thursday, reported PTI.
The four accused -- a cashier, two security guards and a driver -- were tasked with collecting the remaining cash from various bank ATMs and depositing it in the company's vaults, they said.
On October 13, they collected Rs 70,54,100 from various ATMs but deposited only Rs 64,35,200. The company's audit revealed a shortage of Rs 6,18,900, following which a senior representative of the cash management firm lodged a complaint against them, the official from <a href="https://www.mid-day.com/mumbai/mumbai-crime-news/article/borivali-dating-app-scam-busted-22-held-including-club-manager-and-six-women-23583423" target="_blank" rel="none noopener">Kolsewadi police station</a> said, reported PTI.
The accused allegedly diverted the unaccounted cash for personal use. As part of the probe, the police were verifying the ATM collection records, analysing CCTV footage, and looking into the vehicle movement logs, according to the police.
"We have initiated an investigation into the alleged breach of trust. As of now, no arrests have been made, and efforts are on to trace the missing amount and verify the individual roles of the accused," the official said, reported PTI.
The case has been registered against the accused under Sections 316(4) (criminal breach of trust) and 3(5) (common intention) of the <a href="https://www.mid-day.com/mumbai/mumbai-crime-news/article/the-dubai-cyber-fraud-hotspots-that-target-indians-23480029" target="_blank" rel="none noopener">Bharatiya Nyaya Sanhita</a>, the police added.
(With inputs from PTI)

A 40-year-old man from Maharashtra`s Thane district lost about Rs 27 lakh in a cryptocurrency investment scam after falling for "high" returns

Maharashtra: Thane man falls victim to Rs 27 lakh cryptocurrency scam

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In his complaint to the Kolsewadi police station in the Kalyan area, the man said Kolhapur resident Dheeraj Sakalkar cheated him between May and July of this year after persuading him to invest in digital assets

Man from Thane district loses Rs 27 lakh in cryptocurrency scam

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