Mangaluru: Man arrested for duping people in crypto scam

Team Udayavani, Mar 20, 2023, 6:06 PM IST

Mangaluru:  Police officials have arrested a man on charges of cheating several people in an alleged crypto scam.

The arrested accused has been identified as Hamza, a resident of Mallapuram, Kerala.

It is said that Hamza lured investors in Mangalore, Kannur, and other areas by promising 25% profits per month. He asked them to invest their money in crypto and failed to provide returns.

Hamza was produced before the court and remanded in judicial custody.

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