Info seeked From Pune Police In INR 6 Cr Bitcoin Fraud Case by ED
- ByStartupStory | April 18, 2022
The Enforcement Directorate (ED) has ramped up its investigation of bitcoin fraud case in Maharashtra’s Pune into the much touted INR 6 Cr.
To build a case against the two accused in the case, both the ED has sought cooperation from the Pune Police. The financial investigation agency’s officials visited the office of Pune’s Commissioner of Police (CP) and collected information about the case, as part of its investigation.
Cybercrime expert Pankaj Ghode and former IPS officer Ravindra Patil were involved in the case pertaining to a bitcoin fraud. The duo were hired by the Pune Police to investigate the infamous INR 2,000 Cr GainBitcoin scam.
From the account of Amit Bhardwaj, the main accused in the scam, and transferred them into their own ewallets, Ghode and Patil allegedly siphoned off 1,137 bitcoins. The duo also manipulated the screenshots of ewallets of Bhardwaj and moved a large number of bitcoins into their personal accounts, as part of the conspiracy.
In March this year, the Pune Police later arrested Ghode and Patil from the city and seized mobile phones, laptops, hard disks, and other incriminating items from their premises.
Under various provisions of the Indian Penal Code, the police also filed an FIR in the case and charged the duo. Along with various other Sections of the IT Act, these include charges of criminal breach of trust by a public servant (Section 409), forgery (Section 65 and 468), cheating (Section 420). Currently, Ghode and Patil are under judicial custody.
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