Town cyber police arrested two brothers for duping a city-based businessman to the tune of ₹1.57 crore in cryptocurrency ledger nano pockets fraud.
The accused have been recognized as Pavankumar Tatwavedi (36) and his brother Pankaj Raghuveer Tatwavedi (35), each from Jodhpur in Rajasthan.
Police stated each accused are actually settled in Dubai and so they duped folks by pretending to be tax consultants.
The incident was reported in Might 2023 and a case was registered in July 2023. Since then, the accused was in Dubai therefore police had been unable to arrest them.
Pavankumar was arrested from the flight when he was about to go away for Dubai.
Officers from the Pune cyber cell stated that the accused Pavankumar approached the sufferer as a tax marketing consultant. After gaining confidence, he instructed the sufferer spend money on cryptocurrency to get good-looking returns.
After gaining confidence, the accused instructed shopping for a cryptocurrency ledger nano pockets to park his cryptocurrency in digital format. The sufferer was unaware of it, therefore the accused helped him to purchase and retailer the sufferer’s cryptocurrency in his pockets.
Meenal Supe-Patil, senior police inspector at cyber cell Pune, stated, “The accused stole 24 character password of the nano pockets and through the use of it transferred cryptocurrency in one other nano pockets in Dubai and duped the sufferer for the tune of ₹1.57 crore.’’
As olice had been preserving watch on each accused, on November 16, the accused landed in India when he was arrested.
Police sub-inspector Dhanaji Tone, stated, “We obtained details about the accused coming to Pune on November 23 by taking Jodhpur to Pune flight and was planning to go away for Dubai. Therefore we laid a lure at Pune airport and arrested him.’’
Throughout his interrogation, police obtained to learn about his brother Pankaj and arrested him from Pune on November 24.
Each had been produced in courtroom and the courtroom granted them police custody until December 1.
Police additional revealed that the accused duo duped many extra such folks to the tune of ₹8 crore and investigation relating to the identical is underway.
A case has been registered at a cyber police station below sections 419,420, 406 and 34 of the Indian Penal Code (IPC).
