Kolkata Crypto Duo Arrested in ₹25 Crore Investment Scam
Two individuals, Anirban Ghosh and Priyanka Sahu, were apprehended in Kolkata for allegedly orchestrating a cryptocurrency fraud scheme that duped investors of approximately ₹25 crores. The pair operated a bogus investment platform promising lucrative returns through crypto trading, according to a Times of India report.
The scam unraveled after a victim filed a complaint at Shakespeare Sarani Police Station, prompting an investigation by Kolkata Police's bank fraud division. Both suspects were remanded to 14 days of police custody by the Bankshall Court, with authorities probing potential links to a larger criminal network.
This case emerges against a backdrop of escalating cryptocurrency-related fraud across India. The Enforcement Directorate's 2024–25 report documents 31 such cases this year, marking a significant increase from negligible numbers prior to 2018.
