Updated On: 03 October, 2023 04:13 PM IST | Navi Mumbai | mid-day online correspondent
Two directors of a Bitcoin trading company are facing allegations of defrauding investors to the tune of Rs 39 lakhs in Navi Mumbai. The Navi Mumbai police have taken swift action, registering an offence against the accused individuals, Uday Thakur and Bharat Mhatre

Representative Image
Two directors of Navi Mumbai Bitcoin trading company are facing allegations of defrauding investors to the tune of Rs 39 lakhs. The Navi Mumbai police have taken swift action, registering an offence against the accused individuals, Uday Thakur and Bharat Mhatre, reported PTI.
The charges levied against them include section 420 (cheating) of the Indian Penal Code and the Maharashtra Protection of Interest of Depositors (In Financial Establishments) (MPID) Act.