Cryptocurrency Ponzi racket worth â¹500 crore busted in Thane
The Thane police on Monday busted a cryptocurrency Ponzi racket estimated to be worth as much as â¹500 crore. The alleged fraud was carried out by Flintstone Group, where its employees lured in people by promising them 10-20 times returns on investments in four to six months. Some were allegedly offered Caribbean citizenship as well as a Swiss bank account.