An investor in China BitConnect faked the kidnapping to avoid paying taxes with cryptocurrency

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2018-08-12 19:15:06

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An investor in China BitConnect faked the kidnapping to avoid paying taxes with cryptocurrency

In early July, the Indian national Congress the ruling party of the country in money laundering through Bitcoin. According to the congressmen, officials legalized from 727 million dollars to 12.7 billion dollars. Did it through the exchange operating in the state of Gujarat.

Now in the state there was a new scandal. Eight police officers abducted a developer Shailesh Bhatt and extorted 400 bitcoins — about $ 2.5 million. The investigation revealed that Bhatt was probably connected with the founders of the cryptocurrency pyramid BitConnect. About it writes .

How to avoid paying taxes on the crypt

According to Bhatt, the kidnappers broke into his house, took him to an unknown destination and demanded a bribe in bitcoin. In the end, the businessman managed to escape and contact the police.

The Investigation showed that the abduction was probably staged for the sake of tax evasion. The fact that the crime was attended by assistant Bhatt kirit Paladiya, Nalin Kotadia, as well as a former member of the ruling Janata party of modi.

Another reason — bhaṭṭa in early 2017 invested in BitConnect and had to withdraw the money before the company was accused of fraud. He invested a small amount, however, the rate of the token project has grown along with Bitcoin, but Bhatt managed to earn $ 3.2 million.

Now, the investigation continues — Kotadia is in prison, and Bhatt and Paladiya fugitives.

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