A gang of youngsters have been arrested by the Delhi police who thought they could make a quick buck by posing as Bitcoin traders and robbing businessmen.
Modus operandi
A group of six people who posed as Bitcoin traders and robbed a businessman of 3.6 million Indian Rupees ($55,000) have been arrested by the police in Delhi, the capital of India. The businessman had earlier registered his personal details on LocalBitcoins.com. He received a call from a woman, who introduced herself as Karishma Rajput and offered to sell him Bitcoins at a very good price. When the businessman met her with cash at a mall to complete the transaction, he was led to an apartment in the nearby town of Ghaziabad, where he was robbed. He was then thrashed and let off with a warning not to approach the police.