Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Times of India
The Times of India
National
TNN

Bengaluru: Cabbie, scrap trader & mechanic part of Rs 40 crore crypto fraud; 4 held

BENGALURU: A cab driver, a scrap merchant who doubled up as a painter, and a two-wheeler mechanic thought their dreams of becoming rich overnight were coming true when they were taken on board a cryptocurrency firm as directors and Rs 3 crore was deposited in their bank accounts, all within three months.

But their hopes were shattered in no time as their firm, ShareHash, was found to be involved in a huge financial fraud, running up to a minimum of Rs 40 crore, and they were arrested last week. Besides cabbie Imran Riyaz from Gurappana Palya, scrap merchant-cum-painter Zabiulla Khan and mechanic Rehamatulla Khan, both from BTM Layout, company secretary Sheetal Bastawad, who is from Belagavi, too was arrested. All are in their late 20s.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.