10th pass youth of Rajasthan along with his friends cheated 50 crores, and invested in cryptocurrency

A 10th-class educated boy from Rajasthan has executed a major scam in collusion with Chinese cybercriminals. Over 50 crore rupees were converted to cryptocurrency and moved to China over a span of seven months. The matter came to light when the police arrested four individuals, the boy being one of them, and started their line of questioning.

The mobile phones of the accused contain more than a thousand screenshots. The police also uncovered transaction records on the phones. According to the statements of Vinod Kumar, the head of the Cyber Crime Police Station in Kota, the Jodhpur group was led by Akshay Kumar and comprised of Rakesh, Ramdin, and Bhom Singh, who were arrested by the police on 16th January. It was reported to Kota police that these four were promising citizens of India to help them through the use of cyber criminals from China.

Initial interrogation revealed that the cheated money was transferred to other accounts. After this, it was converted into crypto and sent to cyber-thugs in China after deducting the commission. The account holder was given a commission of 15 to 20 percent. At present the matter is being investigated. More revelations are expected in the next few days. All four thugs were produced in the court on January 21 and taken on a 14-day remand.

The police officer said that the four accused used to chat with Chinese cyber thugs in Chinese language. They used Google Translate for this. Akshay came in contact with Chinese cyber thugs through internet media.

Then in June and July of 2023, in order to earn big money, he used his own bank account for cheating. Then three others were also taken along. The four accused used to rent bank accounts by luring people with commissions. In a case of cyber fraud in 2024, Kota police had received information about a bank account. By connecting the dots, Akshay's mobile number was reached.