In Dahisar, Mumbai, Sujit Dev, a 47-year-old accused who had been evading authorities for two years after allegedly orchestrating a multi-crore cryptocurrency investment scam, was arrested by the Ahmedabad Crime Branch.
Reports indicate that in 2021, Sujit Dev had started a crypto investment firm in Dahisar, promising investors four times returns on their cryptocurrency deposits. Over 100 individuals from Dahisar and surrounding areas invested substantial amounts. After collecting crores of rupees, the accused allegedly siphoned off the funds and went underground.
Following specific intelligence inputs that Sujit Dev was moving within Ahmedabad, the Crime Branch tracked him and intercepted him near the airport. Police confirmed that the accused had been frequently changing locations to avoid capture.
Authorities are continuing their investigation to trace the siphoned funds and identify other potential victims of the scam.
