Transnational crypto fraud: CID court orders ?15 crore return to Tenali woman

The Sixth Additional Junior Civil Judge-cum-Special Court for CID cases in Guntur has recently ordered the management of a private company, Gate Global Corporation, involved in a cryptocurrency investment fraud, to return assets to a Tenali-based gullible woman who was defrauded of nearly ?15 crore. The order comes after the Andhra Pradesh Crime Investigation Department (A.P. CID) busted a transnational cryptocurrency investment fraud, involving eight accused. “Police arrested four accused from Hyderabad and Maharashtra, and a Look Out Circular [LOC] has been issued for four other accused of Chinese, Portuguese and Malaysian nationals, who have been involved in the fraud,”…