Bitcoin Extortion Scheme Police Officers Charged in $1.3 Million

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Bitcoin Extortion Scheme Police Officers Charged in $1.3 Million

Indian media explain that eleven policemen were involved in a kidnapping and bitcoin extortion scheme. They explain ten are policemen and an Inspector involve in this case. Three victims were kidnapped and flattened until they gave up 200 bitcoin worth over one million dollars USD. The Crime Investigation Department in the Indian state of Gujrat has explained that 10 policemen and one officer involve and they kidnapped a businessman and forced him to hand over 200 bitcoins worth over one million dollars USD. As explain by a local media they kidnap three local residents beat them and force them to transfer bitcoins. An amount is equal to roughly 1.3 million USD.
India Crime Investigation Department Director Ashish Bhatia stated that two constables were arrested on Sunday. Other policemen have gone underground police making efforts nab them soon. Director explains more, a scheme involving upwards of nearly a dozen police officers including an Inspector in a violent extortion.

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