Bengaluru: A youth was arrested for cheating in exchange for hefty returns on investments in Cryptocurrency.
The accused has been identified as Shaneed Abdul Ameed (29) and hails from Kannur, Kerala. He created hefty returns on investments in cryptocurrency.
He along with his friend Nihal used to send links to the public using fake SIM cards. Once the victim clicked on the link, Shaneed could access their bank details. Using this information, Shaneed stole money from the victim’s bank account.
222 SIM cards, 10 mobiles, 10 debit cards, passbook and cheque book were seized from the accused.