RATE Group | Rajkot: PDS scam leads to cryptocurrency racket | Rajkot News
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Rajkot: PDS scam leads to cryptocurrency racket | Rajkot News

Rajkot: PDS scam leads to cryptocurrency racket | Rajkot News

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RAJKOT: Amreli police and district authorities stumbled upon a possible cryptocurrency trading scam when they raided a fair price shop (FPS) in Rajula Marketing Yard where a racket of pilfering food grains meant for poor was flourishing.
During the raid and search operation on Wednesday night, authorities were surprised to discover a server room adjoining the FPS and found equipment worth Rs 20 lakh, two air conditioners in the 10 feet X 10 feet room. An electricity bill of Rs 10,000 a month was also found there. The FPS was run by a man named Shailesh Sarvaiya, but his role in the possible cryptocurrency racket is yet to be established.
In all, 16 people were rounded up for questioning of which six have been arrested. Along with pilfering foodgrains by using a parallel software and rigging the existing online Aadhaar-card based system, these persons are also suspected to be running the cryptocurrency racket, police officials said.
Talking to TOI, Amreli district collector Aayush…

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