Third Bitsolives Ponzi scammer arrested in India
Indian authorities have arrested a second Bitsolives suspect.
As reported by the Time of India, Prashant Brahmbhatt was arrested returning to India from Dubai on Wednesday, December 6th.
The EOW nabbed … Brahmbhatt from Dabolim International Airport in Goa on Wednesday.
A lookout circular had been issued in his name as he was absconding for the last one and a half years and was living in Dubai.
Brahmbhatt (right) fled to Dubai upon learning of pending criminal charges. He is reported to have opened up a travel agency.
All in all Mumbai Police have charged five Bitsolives scammers. Anuj Ohja and Ganesh Sagar were arrested in early 2022.
Bitsolives CEO Mohsin Jameel remains at large.
Jameel (right) is believed to be hiding out in either the UK or Dubai. Chandrashekhar Bali is believed to be hiding out in Dubai.
Bitsolives was an MLM crypto Ponzi that surfaced in 2017. 300% returns were on offer, paid through the scheme’s Buxcoins Ponzi shitcoin.
As reported by BehindMLM readers in the comments of our review, Bitsolives collapsed in early 2019.