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Mumbai Crime: Malad couple loses Rs 4.32L in Ponzi app scam

A case has been registered under various sections of the IPC and IT Act, said a police officer

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Representative image

Representative image

In a recent Ponzi scam case, a Malad couple was duped of Rs 4.32 lakh after investing in Bitcoin through the link on one of their acquaintances profile on Instagram.

According to police sources, following the instructions given on the link, the complainant downloaded two apps (OKX and Binance) from the Play Store and invested around Rs 15,000.

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