MBVV cops outsmarted Chinese scammers!
Cyber Crime case solved by MIRA BHAYANDER VASAI VIRAR POLICE COMMISSIONERATE
Many scams and frauds occur daily, but it is interesting to know how Mira Bhayandar Vasai Virar (MBVV) cyber police outsmarted Chinese scammers. It all began when Mira Road resident Yogesh Jain, a mobile trader came across a WhatsApp group that gave information on cryptocurrency investments.
Though it took a year of probing which involved an in-depth understanding of cryptocurrency, it ultimately led the MBVV cyber police to the complainant Yogesh Jain’s scammers. They managed to recover Tether stablecoin—a cryptocurrency worth R36 lakh, including Rs 3 lakh of profit.
The police revealed that the Hong Kong-based company—BTC India claimed to provide high returns on investments. After gaining Jain’s confidence, the accused made him transfer money into the wallet of BTC India from the Binance cryptocurrency exchange. He received a profit of 300 USDT. Jain then invested around Rs 33 lakh in cryptocurrency on the Binance platform within a span of 27 days. Thereafter on 8th March, Marc told him to transfer all his investments made on Binance to BTC India for additional profit. Jain made the transfer via: http://trade.mpisvip.com
Jain was glad to observe continued growth on the site in the next few days. He invested a large amount of 39,500 USDT (Rs 33 lakh) which profited and increased to 1,50,000 USD on the site. But on March 11, when Jain opened the site, it displayed the message - page not found. This came as a shocker to him as Jain immediately realised that he had been duped. He tried to contact Marc and others who were in touch, but they seemed unavailable. Jain asked for help from the local police who refused to write the FIR citing lack of evidence. Jain then approached the MBVV cyber cell and began the investigation.
Under the guidance of Senior Inspector Sujitkumar Gunjkar, cyber police formed a team to crack this case. The team members consisted of API Swapnil Wavhar, PSI Prasad Shenolkar, WHC Madhuri Dhindhe, Constables Pallavi Nikam, Suvarna Mali, Ameena Pathan, Pravin Awhad, Ganesh Gilak and Kunal Salvi.
The team got in touch with a US-based company that shared its expertise on cryptocurrency which helped the MBVV cops better understand it. The US-based company asked the cops to contact OKX—a global cryptocurrency exchange headquartered in Victoria, Seychelles, a country in East Africa.
The MBVV cyber police team made 117 email communication with OKX and provided them with all the details regarding the fraud. OKX agreed to help and the first step was a video recording of Gunjkar and his ID card over the call. OKX directed the MBVV cops to approach the court to obtain permission for the transfer of the stolen cryptocurrency into Jain’s account. The police team managed to get permission.
On the other hand, OKX investigated and found that five Chinese citizens had duped
Jain and also recovered their ID cards. With the cooperation of the government and police staff of the three continents—Asia, Africa and North America, Jain recovered his money on 12th June. He received not only the whole amount he had invested but an additional R3 lakh as profit. In total, he received Rs. 36 lakhs—the value of Tether on the day of the transfer to his account.
What's Your Reaction?
