Nagpur: The Economic Offences Wing (EoW) of the City Police has apprehended a Malaysian national, Mike Lucy, who, in collaboration with four locals, allegedly scammed multiple citizens out of over Rs 38.26 lakh by falsely promising to double their cryptocurrency investments within 90 days. Mike Lucy, also known as Baharuddin Bin Mohammad Yunus, had been wanted since 2017, and a look-out circular had been issued against him. He was captured at Indira Gandhi International Airport, Delhi, attempting to board an international flight to escape the country.
Following the arrest, a team from EoW, led by API Sangharshi, HC Yogesh, and HC Nilesh, under the supervision of Commissioner of Police Amitesh Kumar and Deputy Commissioner of Police (EoW) Archit Chandak, traveled to Delhi to take him into custody. Mike Lucy is now facing charges under various sections of the Indian Penal Code and the Prize Chits and Money Circulation Schemes (Banning) Act, 1978.
Mike Lucy had established Future Bit Company and, with the help of accomplices Nishedh Wasnik, Abhijeet Shirgirwar, Shami Jaiswal, and Krishna Bhandarkar, conducted investment seminars at Radisson Blu Hotel. They allegedly enticed unsuspecting individuals with promises of significant returns on cryptocurrency investments, claiming that their money would double in 90 days. The accused operated through the website www.thefuturebit.com, where individuals, believing in the promises made, engaged in transactions and ultimately fell victim to the fraud.
Previously, EoW officers had arrested Nishedh Wasnik, Shami Jaiswal, Krishna Bhandarkar, and Abhijeet Shrigirwar, filing charges against them. API Mudhe is currently leading further investigations into the case, with Mike Lucy scheduled for custodial interrogation until January 12.
