In a noteworthy turns of events, Nagpur Police successfully apprehended Baharuddin Binmohamed Yunus, a Malaysian national wanted in connection with an alleged cryptocurrency scam that had been evading authorities for six years. The arrest took place at the Delhi airport, where immigration officials detained Yunus as he attempted to flee to Malaysia.
Yunus, also known as Mike Lucey, had established Future Bit Company in collaboration with Nishedh Wasnik, Abhijeet Shrigirwar, Shami Jaiswal and Krishna Bhandarkar in 2017, the official said.
The group organized seminars in prominent city hotels, enticing investors with promises of doubling their money within 90 days through Bitcoin investments. Operating through the website thefuturebi.com, the accused reportedly defrauded investors of Rs 38.26 lakh before abruptly closing the company and going into hiding.
While the other four members of the gang were apprehended earlier, Yunus, being a foreign national, managed to escape arrest. His involvement in the cryptocurrency fraud came to light during the investigation of a separate case linked to Nishedh Wasnik.
Following Yunus’ detention in Delhi, a dedicated team from Nagpur police traveled to the national capital to effect his arrest. The court in Nagpur has remanded him in police custody until January 12, with ongoing investigations expected to shed further light on the intricate details of the cryptocurrency scam.
