The police said that a middle aged man approached them with a complaint alleging that he was duped of Rs 75,000 by an Instagram user.
A 21-year-old Kolkata-based man has been arrested by the Kalachowki police in Mumbai for allegedly duping several people under the pretext of doubling their investment within 30 to 35 minutes.
The police said that the accused had put out an advertisement on Instagram claiming that if they invest in crypto currency, their money would double, hence, several users approached him, and were ultimately duped.
According to the police officials, the arrested has been identified as Mohammad Hamza Zaki Anwar, a resident of Khidirpur, Kolkata.
The police said that a middle aged man approached them with a complaint alleging that he was duped of Rs 75,000 by an Instagram user.
An officer said, “The accused, who created an Instagram account named Crypto_Anaisha, had put an advertisement claiming that if they invest money in crypto currency through him, he will double their money in 30 to 35 minutes.”
Accordingly, the complainant reached out to Anwar, who then asked him to transfer the amount.
During the course of investigation, the officials started scrutinising the call data record when they discovered that the accused is based in Kolkata.
A team was subsequently sent to his residence after which he was apprehended.
The police said that they have seized 11 mobile phones from his residence.
“We have learnt that the accused has duped several individuals in the past. We are trying to get details on the victims,” said an officer.
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