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Nigerian national arrested for defrauding a Dehradun man ₹60 lakhs through crypto

Uttarakhand Special Task Force (STF) detains a Nigerian man living illegally in Delhi. The charges include defrauding a Dehradun resident out of Rs 60 lakhs under the pretence of investing in cryptocurrencies worth Rs 2 crores.

Apprehension of the accused

Senior Superintendent of Police STF Ajay Singh said the accused cheated the complainant out of Rs 60 lakhs.

In a combined operation, the Uttarakhand STF and the cyber police apprehended the accused. It became out that he had eight mobile phones, two laptop computers, and a variety of electronic devices.

The police arrested Ernst Michael Ohenhen, the suspected perpetrator, in Devprayag, Uttarakhand, on suspicion of engaging in another cyber fraud.

Nigerians in Crypto Fraud

According to the police, the involvement of Nigerians in cyber fraud and other criminal activities in different regions of the country is very prevalent. Narcotics Control Bureau (NCB) detained another Nigerian guy on August 6 in a drug-peddling case in Mumbai earlier that day.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.