Indian police have cracked a case of fraud involving impersonation of a government solar energy project, seizing $100,000 worth of USDT

ChainCatcher news, according to Decrypt, Indian police recently cracked a case of fraud impersonating a government solar energy project, seizing $100,000 worth of USDT with the assistance of Binance exchange. It is reported that the fraud gang impersonated officials from the Indian Ministry of Power, claiming to have obtained the rights to expand the national solar network, luring individual investors under the guise of helping India achieve its renewable energy goals.

The fraud gang promoted a company named "M/s Goldcoat Solar" through social media, impersonating senior government officials and displaying forged so-called proof of returns from previous investors. They used forged innocent personal information to activate SIM cards, establishing an extensive network to conceal their true identities.