https://www.taxtmi.com/news?id=31386 Allegations describe seven accused operating separate ponzi modules that solicited investor funds via social media, allegedly converting proceeds into cryptocurrencies through multiple bank accounts and VDA wallets on exchanges to obscure origins. Searches across multiple locations recovered cash, digital devices, storage media, and cryptocurrency holdings. The case is registered under IPC section 120 B, 420 and Section 66D of the IT Act, 2000, on allegations of conspiracy, cheating, and deceptive electronic communications, with investigative focus on transaction records, exchange wallets, and forensic analysis of digital evidence. en-us Fri, 24 Jan 2025 18:16:03 +0530 Fri, 24 Jan 2025 18:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=31386 Allegations describe seven accused operating separate ponzi modules that solicited investor funds via social media, allegedly converting proceeds into cryptocurrencies through multiple bank accounts and VDA wallets on exchanges to obscure origins. Searches across multiple locations recovered cash, digital devices, storage media, and cryptocurrency holdings. The case is registered under IPC section 120 B, 420 and Section 66D of the IT Act, 2000, on allegations of conspiracy, cheating, and deceptive electronic communications, with investigative focus on transaction records, exchange wallets, and forensic analysis of digital evidence. News - Fri, 24 Jan 2025 18:16:03 +0530 https://www.taxtmi.com/news?id=31386