A 60-year-old man has been arrested by the Economic Offences Wing of Delhi Police. The accused, who is known as Umesh Verma, was put under arrest in connection with a scam that has conned more than 50 people in India under a pretext of selling them a new cryptocurrency.
The police apprehended the culprit from Indira Gandhi International Airport shortly after his arrival from Dubai.
Verma, a greeting cards marker by profession, hosted his own website and connected an app identified as “Pluto Exchange” to facilitate the sales purchases of their newly launched cryptocurrency “Coin Zarus”.
Delhi Police Joint Commissioner OP Mishra said:
“They induced people to invest on the pretext of giving higher returns and assured that their value would increase manifold. At least 45 businessmen from Delhi were duped of Rs. 2.5 crore.”
The police had obtained many complaints from people about the culprit. The victims claimed that Verma and his son, Bharat Verma, and others, had…