Indian police have busted dozens behind a call center scam involving bitcoin. | Source: Shutterstock
By CCN Markets: A gang in India’s Madhya Pradesh state which scammed U.S. citizens hundreds of thousands of dollars through Bitcoin and other methods has been busted and its members arrested. The gang which ran its operations out of a call center is estimated to have made around $1.7 million.
According to the Business Standard, the gang consisted of 78 people who operated out of three call centers. The gang had reportedly obtained the social security numbers of around 100,000 U.S. citizens. They had also obtained cell phone numbers and other identifying information.
Per the police, the duties of most of those arrested involved contacting U.S. citizens posing as Social Security Administration employees. They would then tell their victims that their Social Security Number (SSN) was being used in suspicious activities. This included being used to smuggle narcotics and money laundering.
This is what a social security scam caller sounds like.BEWARE don’t ever push #1. pic.twitter.com/ABBmUF7MmE
— Harold David Hancock (@haroldh724) June 12, 2019
Send us bitcoin or else…
According to Superintendent of Police, Jitendra Singh, the callers would then demand payments of between $50 and $5,000. Victims would be threatened with arrests and their social security numbers getting blocked if they didn’t comply:
The tele callers, in chaste US accent, would tell them that for settling the issue they have to pay certain amount otherwise their social security number will be blocked and legal action initiated against them. This way they used to terrorize American citizens and make them pay amounts ranging from USD 50 to 5,000 through gift card,