Pune: In a shocking incident it has come to light that many people in Pune city have been cheated with the lure of double returns on the amount in 200 days if they invest in virtual currency. The police have arrested three people in this case and the main accused are absconding. In this regard, a case has been registered against Nilesh Jedhe, Jeevan Magade, the director of the company Linux Trade Dot UK. Both the accused are absconding. Their accomplices Sagar Dattatraya Gorhe (31) a resident of Dhankawadi, Mahesh Laxman Bhosale (34) a resident Viva Sarovar at Jambhulwadi in Ambegaon and Ritwik Mohan Pangare (23) a resident of Gagan Samriddhi Society at Ambegaon Pathar in Dhankawadi has been arrested. A case has been registered against the accused under the Fraud, Protection of Interest of Financial Institutions of Maharashtra Act.
The accused Jedhe and Magade opened an office in the name of Linux Trade.UK in the building Vasant Sakha Plaza at Sinhagad Road area. The accused lured the investors that if they invest in virtual currency, they will be given double the amount in 200 days. Many people invested in this company. The initial returns gave investors confidence. After that, many people invested huge amounts of money, informed Shabbir Syed, police inspector of unit one of the crime branch. The accused Jedhe and Magade are absconding and we are searching for them. and they are being searched for. Their accomplices have been arrested.
Appeal to investors
The investigation conducted by the police has revealed that the accused have so far cheated the investors to the tune of Rs.5 crores. Police Inspector Shabbir Syed has appealed to the investors who have invested money in the company Linux Trade.UK to come ahead and file a complaint against the accused.
