Naukariadda

The kingpin of a bitcoin scam worth Rs 485 crore that had its roots in Kerala has been beaten to death by five of his associates here, a senior police official said on Saturday. The attackers tortured Abdul Shakoor till he fell unconscious and left the body at the emergency ward of a private hospital here on Thursday night before fleeing. They were arrested on Friday, the officer said. The scam has its roots in Kerala and the kingpin, Shakoor, as well as his associates hail from the southern state, Dehradun SSP Arun Mohan Joshi said, adding that a search was underway to nab for five more close aides of Shakoor Ashique, Arshad, Yasin, Rehaab and Muneef. Giving details, the SSP said Shakoor ran a bitcoin business and had allegedly collected around Rs 485 crore for investing in crypto-currency from residents of Pandikkad, Manjeri and Malappuram in Kerala. Shakoor's animosity with his team members started when he allegedly suffered losses in the business and escaped to Dehradun as peop...

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