India Enforcement Bureau Charges Chirag Tomar Gang, Freezes 129 Bank Accounts and $6.8M in Assets

According to FinanceFeeds, India's Enforcement Bureau has filed charges against Chirag Tomar and associates in Delhi court. The gang defrauded crypto investors of over $20 million by creating a fake Coinbase Pro website and manipulating SEO rankings. Tomar was arrested by the FBI at Atlanta airport in 2024 and sentenced to 60 months imprisonment. Using MLAT mechanisms, Indian authorities obtained evidence and traced funds laundered through peer-to-peer exchanges and Indian trading platforms into shell companies and real estate projects. The bureau has frozen 129 bank accounts and approximately $6.8 million in assets.
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