According to the First Information Report (FIR) filed with the police, Harshad Patel was introduced to an Indian Couple by his friend and business partner Kamlesh Patel in 2017 to help him in investing in bitcoin. Alpesh Suhagia and his wife Bharti Suhagia tried to convince Harshad to invest in BTC, claiming that the price had risen to Rs. 70,000 in 2017 from Rs. 10 in 2009. This prompted Harshad to give the Suhagia couple Rs 15 lakh (approximately $19,000) to invest in bitcoin on his behalf.
Harshad was told that this bitcoin wallet would take some time to complete. Meanwhile, the Suhagias introduced Harshad to Prashant Brahmbhatt, who persuaded him to transfer his investments to Senar Wallet, a cryptocurrency investment plan.
Harshad received Rs 1.24 lakh (approximately $1,700) as a return on his investments between July and August 2017 after transferring the money to Senar Wallet. Despite repeated requests, he did not receive any additional returns on his assets or the principal amount, triggering him to file a complaint with the police in March 2022.
The general public’s lack of understanding of cryptocurrencies and how to invest in them safely is leading to an increase in the number of frauds. Please do your own research before investing in something. Be aware!
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
KAZ
CoinCu News
a16z and Coinbase have pledged substantial funds to crypto PAC Fairshake, aiming to support crypto-friendly…
Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) dominate the crypto market, but experts warn that…
Discover the future as the Dogecoin price aims for a $0.7 comeback and discover why…
Willemstad, Curaçao, 4th November 2024, Chainwire
London, UK, 4th November 2024, Chainwire
November is the perfect time for BlockDAG's huge presale. Use BDAG100 to double your purchase.…
This website uses cookies.