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Aug 3, 2026

Nagpur Trader Loses Rs 27 Lakh in Cryptocurrency Investment Fraud

A trader in Nagpur, India has been defrauded of Rs 27 lakh (approximately $32,000 USD) in a fake cryptocurrency investment scheme. The city's Cyber Cell has registered a case against two suspects in connection with the fraud.

Aug 3, 2026·1 source
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Top claims

  • ▪Sanjay Jethwa met accused Mahavir Sharma during a train journey, who then introduced Sanjay Jethwa to co-accused Suraj Gupta.
  • ▪The Cyber Cell of Nagpur city police registered a case of fraud against Mahavir Sharma and Suraj Gupta.
  • ▪Sanjay Jethwa, a battery shop owner in Dhantoli, Nagpur, lost Rs 27 lakh in a fake cryptocurrency investment scheme.

Topics

Crypto investor protectionCrypto regulation

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