Cryptocurrency investment scam in Rajasthan defrauds approximately 200 victims of life savings
Summary
A 10th-grade dropout, Rajesh Saini, and his girlfriend, Heena Saini, ran a cryptocurrency investment scam in Rajasthan, luring victims with promises of 10 times their investment returns. They hosted lavish events in Dubai, including hotel stays, cruise parties, and meetings to promote fake cryptocurrencies like Nexa, BELOVW, BFIC, and NRK. Victims from Rajasthan, Madhya Pradesh, Bihar, West Bengal, and other regions lost life savings, with some investing up to ₹10 lakh. The scam was exposed after several victims, including Pradeep Solanki and Ramkishore Yadav, filed complaints with the Kotwali and Aravali Vihar police stations in Alwar. Some victims lost money intended for their daughters' weddings or sold property to invest. Police have registered cases and are investigating, but the accused have not yet been interrogated.
Incident Details
Who Was Affected
Sources
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