PUNE: A former IPS officer and a cyber skilled roped in to help the Pune Police in cracking cryptocurrency fraud instances had been arrested for allegedly dishonest the investigators by fraudulently transferring cash to the tune of crores from digital wallets to their accounts, an official stated on Saturday.
The accused are recognized as former Indian Police Service officer Ravindra Patil and cyber skilled Pankaj Ghode.
Cyber Police stated that Patil and Ghode had been roped in by the police investigating two cryptocurrency instances registered in 2018.
Ravindra Patil began working as a cyber skilled after taking voluntary retirement from Indian Police Service. Two instances associated to cryptocurrency fraud had been registered with Dattawadi and Nigadi police. Police had arrested 17 accused in these instances,” stated ACP, Cyber and Financial Offences Wing, Vijay Palsule.
Patil and Ghode had been roped in as digital forex is a technical problem.
A police official stated that Patil allegedly transferred a number of the cryptocurrencies in his account and Ghode supplied screenshots of the accounts to police by manipulating the figures.
“The position of the duo was uncovered through the investigation by senior officers. Patil and Ghode used information supplied by the police for technical evaluation for his or her profit. As per the preliminary investigation, Ghode manipulated the screenshots ostensibly exhibiting much less quantity in crypto wallets and submitted them to police,” Palsule stated.
Patil additionally transferred some cryptocurrencies from the account of the accused to his account, Palsule stated.
A courtroom has remanded them in police custody for seven days.