Man from Thane district loses Rs 27 lakh in cryptocurrency scam

A 40yearold man from Maharashtras Thane district lost about Rs 27 lakh in a cryptocurrency investment scam after falling for high returns a police official said on Friday reported news agency PTIIn his complaint to the Kolsewadi police station in the Kalyan area the man said Kolhapur resident Dheeraj Sakalkar cheated him between May and July of this year after persuading him to invest in digital assets reported PTIThe accused promised a 30 per cent return on crypto investment the man told the police adding that he transferred about Rs 27 lakh in multiple instalmentsHowever after months of waiting he neither received the promised returns nor the original investment The accused eventually became unreachable he said reported PTIAn official from Kolsewadi police station said they have registered a case and efforts are ongoing to trace the accused and recover the defrauded amountFour cash firm employees booked for Rs 6 lakh ATM collection fraud in ThaneIn another case the police have registered a case against four employees of a cash management company for allegedly misappropriating Rs 618 lakh while handling ATM collections in Maharashtras Thane district officials said on Thursday reported PTIThe four accused a cashier two security guards and a driver were tasked with collecting the remaining cash from various bank ATMs and depositing it in the companys vaults they saidOn October 13 they collected Rs 7054100 from various ATMs but deposited only Rs 6435200 The companys audit revealed a shortage of Rs 618900 following which a senior representative of the cash management firm lodged a complaint against them the official from Kolsewadi police station said reported PTIThe accused allegedly diverted the unaccounted cash for personal use As part of the probe the police were verifying the ATM collection records analysing CCTV footage and looking into the vehicle movement logs according to the policeWe have initiated an investigation into the alleged breach of trust As of now no arrests have been made and efforts are on to trace the missing amount and verify the individual roles of the accused the official said reported PTIThe case has been registered against the accused under Sections 3164 criminal breach of trust and 35 common intention of the Bharatiya Nyaya Sanhita the police addedWith inputs from PTI