Archive · 7 Dec 2025
Two Arrested for Duping Property Dealer of ₹55 Lakh
Two men in Indore, Murtaza and Tahir Mhowwala, tricked a property dealer into investing in cryptocurrency.
They promised him that his money would double quickly.
The victim, who had just received a large payment from a property deal, was convinced to invest 65,000 USDT instead of buying a car.
The accused made the victim buy cryptocurrency through his Trust Wallet and then transferred all the money to an unknown wallet using a fake link.
The police arrested the two men and seized their phones.
They are investigating further to find out more about the scam.
Two men, Murtaza and Tahir Mhowwala, were arrested for duping a property dealer in Indore.
The accused lured the victim into investing in USDT, promising his money would double quickly.
The victim had received a large payment from a property deal and was convinced to invest 65,000 USDT.
The accused transferred all the USDT from the victim's wallet to an unknown wallet using a fake link.
The police arrested the two men and seized their phones, with further investigation underway.
- Who
- Two men, Murtaza and Tahir Mhowwala, were arrested for duping a property dealer.
- What
- The accused lured the victim into investing in cryptocurrency and siphoned off 65,000 USDT from his wallet.
- When
- The incident was reported and the arrests were made recently, with details shared on Saturday.
- Where
- The crime took place in Indore, Madhya Pradesh.
- Why
- The accused promised the victim that his money would double within a few days, convincing him to invest in USDT.
- Victim
- Property dealer from Indore
- Amount Duped
- ₹55 lakh (65,000 USDT)
- Accused
- Murtaza and Tahir Mhowwala
- Method
- Cryptocurrency investment scam
- Arresting Authority
- State Cyber Cell, Indore
- Case Registered Under
- BNS and IT Act
- Seized Evidence
- Mobile phones used in the fraud