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Hubballi Industrialist Loses Rs 45 Lakh In Bitcoin Fraud

Hubballi, February 16: An industrialist in the city has apparently been cheated of Rs 45 lakh in Bitcoin investment fraud incident and has filed a case against six people.

Vasappa Lokappa Ankushkhani of  Toravihakkal in Hubballi has accused five people from Delhi – Amit Bhardwaj, Vivek Bhardwaj, Ajay Bhardwaj, Anitha Bhira and Mahendra Kumar – as well as one person from Bhavani Nagari in Hubballi – Chethan Patil – of cheating him by promising to invest his money in the scheme.

Lokappa has said that he met the six people in 2017 and purchased 45 bitcoins for Rs 1 lakh each.

Kamaripet police have registered a case.

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