Indian Policemen Stole BTC for the Amount of $ 1.3 Million
The Indian Police Department has accused ten police officers of committing a number of crimes, including kidnapping and extorting 200 BTC, which is approximately $1.35 million at the current rate, according to the Times of India. The Crime Investigation Department (CID) of the West Indian state of Gujarat filed the first information report to launch an investigation into the case against 11 people, including 10 policemen and one civil "intermediary" for the abduction of local residents Shailesh Bhatt, Kirit Paladiy and the driver, named Mahipal, as well as for forced-violent actions conducted against them in order to receive 200 BTC. After extortion, the kidnappers released three victims. It is noted that Bhatt paid a third party to recover the stolen Bitcoin. According to the Times of India, a primary search can not testify that 200 Bitcoins were transferred to Patel. Therefore, the general director of the police Ashish Bhatia said that it is necessary to thoroughly test the wallets of both Patel and Bhatt.
“In his application, Shailesh Bhatt had mentioned the transfer of 200 Bitcoins worth Rs 12 crore from the digital wallet of his business partner, Kirit Paladiya,” Bhatia told the publication. “Another Rs 32 crore were allegedly paid for their release from a farmhouse. Later, Rs 78.5 lakh were allegedly paid to get the Bitcoins back. All these transactions mentioned in the application could not be proven”.
The investigation continues, Indian policemen are being accused of various economic and corruption machinations in its course. Subscribe to The Coin Shark news in Telegram: