Summary:
MUMBAI: The city crime branch, which busted a fake cryptocurrency racket last month, arrested four more persons, including the kingpin, from Delhi.Crime branch (unit XII) on Monday arrested Ashok Goyal Jaipuria, Asif Malpani, Baljit Singh Saini and Pradeep Arora from Delhi after their names cropped up in the Rs 100 crore racket. He said that accused held countrywide seminars and lured people to invest, with promises that the amount would shoot up. They thus got more investors and duped them," said unit XII senior inspector Sunil Jadhav . Sources said police may invoke provisions of Maharashtra Protection of Interest of Depositors Act and Chit Funds Act too. "The gang launched Cashcoin, a cryptocurrency similar to Bitcoin , a year back, and initially showed profits to few investors and gained their confidence..