PIONEER EDGE NEWS SERVICE /Dehradun
A fresh case linked to the alleged multi-crore cryptocurrency investment scam has surfaced in Dehradun, where investors have claimed losses of around Rs 20-25 crore. The matter is believed to be connected to Dubai-based venture capitalist Lavish Choudhary, who is accused in a Rs 3,200 crore multi-state cryptocurrency and AI-forex investment scam operated through companies such as Botbro, QFX Trade and Botalpha. He is currently facing an Interpol Red Notice as agencies work towards his extradition to India.
According to a complaint filed by Durga Bahadur Gurung at Raipur police station on Friday, he was approached nearly two years ago by Naveen Singh Negi and others to invest money in companies named Botbro, Cross Market and Mine Crypto. The accused allegedly presented the companies as completely legal and assured investors of monthly returns ranging from five to 10 per cent.
The complainant said that investors were asked to pay a licence fee of Rs 10,000 and invest large amounts of money through a trading platform. They were also told that their principal amount could be withdrawn after six months without any deduction. However, before investors could withdraw their money, the company allegedly shut down in October 2025.
The complainant further stated that the accused promoted the investment platform through Zoom meetings, seminars, WhatsApp groups, social media campaigns, hotel meetings and personal contacts. Investors were also promised plots in Biharigarh and post-dated cheques in the early stages.
Raipur police registered the FIR against six people involved in the fraud case and have started investigation in the case.
