BitConnect web developer extradited from Abu Dhabi to India
A BitConnect web developer has been deported from Abu Dhabi at the behest of Indian authorities.
Dhavan Mavani (right) had been hiding out in Abu Dhabi following BitConnect’s collapse early last year.
According to a July 31st Times of India report, the Crime Investigation Department in Gujurat filed a case against Mavani (right) last July.
In the case the CID allege charges of cheating, breach of trust, criminal conspiracy and multiple violations of the Indian Penal Code and Prize Chits and Money Circulation Schemes (Banning) Act.
Indian authorities sought Mavani with the help of Interpol via a red corner notice.
Following Mavini’s deportation from Abu Dhabi last week, he was apprehended and taken into custody by the CID in Gujurat.
The case against him and other BitConnect scammers continues.
Update 7th August 2019 – Mavani’s arrest has lead police to a stash of 343 bitcoin.
123 BTC has already been recovered with the remaining 220 BTC expected to be recovered shortly.
At the time of BitConnect’s collapse 343 BTC held a street value of $3.9 million.