As a seasoned researcher with years of experience delving into the intricacies of financial crimes and political machinations, this latest development in the Maharashtra Bitcoin scam is both captivating and concerning. The alleged illegal collection of 80,000 Bitcoins, a fortune that would make even Scrooge McDuck green with envy, is a stark reminder of the darker side of humanity’s ingenuity.
On Wednesday, November 20th, the Central Bureau of Investigation (CBI) submitted a case related to the Bitcoin fraud in Maharashtra, India. The scam is said to involve the illicit amassing of around 80,000 Bitcoins, which equates to approximately $782.15 million in value.
Involved in the case are Amit Bhardwaj, Ajay Bhardwaj, and four others, who stand accused of orchestrating a multi-level marketing scheme in 2017. This scheme allegedly misled investors into investing in Bitcoin, with the false promise of a monthly return rate of 10%. It is claimed that these funds were channeled through nine foreign companies to buy properties abroad, as reported by Times of India.
Sadly, Amit Bhardwaj, a significant player, has already passed away. On the other hand, Ajay Bhardwaj is currently eluding authorities as multiple organizations hunt for him. Additionally, the Central Bureau of Investigation (CBI) has called in Gaurav Mehta, who appears to be connected to this case, for interrogation.
This investigation is a continuation of searches carried out by the Enforcement Directorate at Mehta’s location in Raipur. The authorities are examining potential money laundering offenses under the Prevention of Money Laundering Act (PMLA). Multiple accusations have been lodged against the suspect in Maharashtra and Delhi.
The matter under discussion has also attracted political interest. Lately, the Bharatiya Janata Party (BJP) has alleged that NCP MP Supriya Sule and Congress leader Nana Patole utilized Bitcoin for funding Maharashtra’s Assembly elections. Despite an audio clip emerging with a voice said to be Sule’s, she has refuted these accusations.
Further investigation on the issue is ongoing by the CBI and related organizations, with potential far-reaching consequences for both political systems and financial guidelines.
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2024-11-21 10:45