From February this year, the accused stopped giving returns on their investments. When confronted, he asked for higher investments to get returns and later stopped receiving their calls.
As per the victim, he and his eight relatives invested Rs54.46 lakh from March 2019, till date, but did not get their money or the returns as promised by the accused.
Four people have been arrested from Pune for allegedly duping 2,000 investors to the tune of Rs 40 crore in a cryptocurrency fraud, Nagpur police said on Saturday.
As per the victim, in 2018, one of the employees working at the credit-society had suggested to her that she would get good returns if she invested money in the said institution.