Gang demanding ransom in bitcoin busted
Police claim to have unearthed a racket in which the suspects demanded ransom money in bitcoin for the release of a kidnapped person. Bitcoin is a crypto-currency, a form of electronic ‘cash’.
Surprisingly, the plot was hatched in the office of Lahore’s deputy commissioner (DC).
A police report revealed that DC’s phone operator Mazhar Abbas was part of the seven-member gang. Police arrested him on March 23 at an official ceremony when he was with the DC.
According to the report, police Constables Mohsin Abbas and Mohammad Arif, who were also involved in the crime, were the official guards of a high court judge. Mohammad Tahir of Lahore and Sheikh Abdul Rauf of Faisalabad were money exchange / bitcoin dealers.
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