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Actor Govinda Trapped in 1000 Crore Crypto Ponzi Scam

Key Takeaways
  • Bollywood actor Govinda has been caught in a crypto Ponzi scam. For which Odisha Economic Offenses Wing (EOW) will interrogate Govinda.
  • Ponzi scam linked to Solar Techno Alliance. Whose chief Gurtej Singh is already in police custody on crypto fraud charges.
  • In this crypto-Ponzi scam related to Solar Techno Alliance, 2 lakh people have been defrauded to the tune of Rs 1000 crore.
15-Sep-2023 By: Rohit Tripathi
Actor Govinda Trappe

Govinda Embroiled in Rs 1000 Crore Crypto Ponzi Scam

Bollywood's hero number 1 Govinda was once the life of the film industry, whichever film he signed was sure to be a super hit. But in the last few years, Govinda seems to be struggling in the film industry. Or we can say that the stars of their luck are in their direction. But apart from all this, they are stuck in such a problem, for which they may have to face legal action. Actually, film actor Govinda's name has been linked to a Crypto Ponzi scam. Let us tell you that this scam is not a small incident of fraud but a scam of Rs 1000 crores. According to the information, the Odisha Economic Offenses Wing (EOW) may soon interrogate Govinda. EOW Inspector General JN Pankaj informed the media that soon a team of EOW will go to Mumbai and interrogate Govinda. This entire matter is related to Solar Techno Alliance. This is the same firm whose Chief Officer Gurtej Singh is in police custody on fraud charges.

Govinda Had Promoted the Solar Techno Alliance

According to the Crime Branch of Odisha, Govinda promoted the Ponzi scam company Solar Techno Alliance by being a part of a promotion video of this company. This incident happened when Govinda went to Goa in July to attend the grand function of Solar Techno Alliance (STA). According to JN Pankaj, Bollywood star Govinda is neither an accused in this case nor is there any kind of suspicion on him. But his role in this Ponzi scam case will become clear only when he is interrogated. It is noteworthy that Solar Techno Alliance had operated several online Ponzi schemes on the pretext of crypto investment, of which more than 2 lakh people became victims. According to a report, till now a fraud of Rs 1000 crore has been done in this Ponzi scam. At present EOW is investigating the matter and interrogating the concerned persons.

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