A 50-year-old man from Kurla lost Rs 17.50 lakh in bitcoin investment fraud. The complainant had received a WhatsApp message asking to invest in bitcoins to get a good profit. 'Bristol Trading Ltd', a company, which claimed to provide maximum profit allegedly duped the man. An offence has been registered against unknown persons in Nehru Nagar police station.

Colin Buthello, 50, a resident of Kurla (W), received a message on September 16, 2021, by the name of Nimah Sarah claiming to be a Bitcoin analyst. The woman asked Colin whether he is interested in investing in Bitcoins, to which he replied positively. Sarah told Colin that she knew a few companies which deal in Bitcoins and generate huge profits. After a few days, Nimah messaged Colin a name of a company, Bristol Trading Limited, and claimed that the company gives a profit of as much as 150 per cent. But having no money to invest Colin dropped the idea of investing.