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.