The Times of India reported that FIR, the initial step in conducting a police inquiry in India includes the names of nine constables and police inspector Anant Patel.
The Crime Investigation Department of Gujarat has accused eleven people, of which 10 are police officials, in a kidnapping and bitcoin extortion scheme.
According to reports, eleven people were accused by the Crime Investigation Department (CID) of the Indian state of Gujarat in a kidnapping and bitcoin extortion case. Not surprisingly, ten of the accused persons are no other than police officers. Indian police is known to be one of the most corrupt departments on the planet and have been involved in various crimes over the years. To make matters worse, now the police officials have turned to extorting people for Bitcoins. The police department had filed a First Information Report recently against 10 officials and a civilian fixer.
The Times of India reported that FIR, the initial step in conducting a police inquiry in India includes the names of nine constables and police inspector Anant Patel. The accused abducted three victims and forced the businessman, who trades bitcoin, to hand over 200 bitcoins. At press time, the amount involved is equal to approx. $1.3 million.
The police officials allegedly kidnapped businessman Shailesh Bhatt, Kirit Paladiya, and a driver Mahipal. The victims were taken to a farmhouse where they were beaten and forced to transfer bitcoins, reported Ahmedabad Mirror.
Ashish Bhatia, director-general of police, stated,
“In his application, Shailesh Bhatt had mentioned the transfer of 200 Bitcoins worth INR 12 crore (USD $1.8 million) from the digital wallet of his business partner, Kirit Paladiya. Another INR 32 crore (USD $5 million) were allegedly paid for their release from a farmhouse. Later, INR 78.5 lakh (USD $121,000) were allegedly paid to get the Bitcoins back. All these transactions mentioned in the application could not be proven.”
Bhatia told that in order to verify that the 200 bitcoins were actually transferred from Bhatt to Patel police would examine wallets of both citizens. He further informed that to investigate the case, a Special Investigative Team is being formed. The police have arrested three of the constables, and a search is underway for the remaining six, as well as Patel.
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