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Updated on: Tuesday, November 23, 2021, 02:06 PM IST

Palghar: Man cooks up robbery tale after losing Rs 10 lakh saved for daughter's wedding in Bitcoin trade

A case of robbery was registered and during a probe, the police realised that there was no truth in the complaint, the official said, adding that the police had issued a warning to the businessman.
PTI
Bitcoin crypto currency  | Photo: Representative Image

Bitcoin crypto currency | Photo: Representative Image

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A businessman in Maharashtra's Palghar district allegedly made up a fake story about being robbed after he lost Rs 10 lakh in Bitcoin trade, police said on Tuesday.

Sumant Ligayat, who was into the supply of groceries and other essentials, had saved Rs 10 lakh for his daughter's wedding scheduled next month, an official from Vasai police station said.

However, he lost all the money in the Bitcoin trade and was worried about facing his family, he said.

The man approached the Vasai police station and claimed that he had been robbed by an unidentified man, who had snatched his bag containing the money and escaped on a two-wheeler on Monday afternoon, he said.

A case of robbery was registered and during a probe, the police realised that there was no truth in the complaint, the official said, adding that the police had issued a warning to the businessman.

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Published on: Tuesday, November 23, 2021, 02:06 PM IST
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