GainBitcoin scammer Amit Bhardwaj has reportedly died from cardiac arrest.
Personally I’m not 100% satisfied.
To date Inc42 are the one outlet claiming Bhardwaj (proper) has died.
Amit Bhardwaj — the important thing accused of one of many world’s greatest crypto Ponzi schemes has died from cardiac arrest at the moment, individuals near Bhardwaj confirmed the information to Inc42.
Certainly there’d be an official supply?
Earlier this month, Bhardwaj was discovered Covid optimistic and was hospitalised at Fortis Hospital, Vasant Kunj.
Nevertheless, he had recovered from Covid, stated one in every of his shut associates.
Once more, why are we counting on associates?
Casting doubt on Bhardwaj’s demise is a feigned coronary heart assault in 2018.
Bhardwaj had fled India on an African diplomatic passport.
Naturally Bhardwaj fled to Dubai, the MLM rip-off capital of the world.
As Indian authorities closed in Bhardwaj faked a coronary heart assault, which in some way enabled him to flee Dubai to Thailand on March thirtieth.
Working with their Thai counterparts, Indian authorities have been then capable of apprehend Bhardwaj in Bangkok.
As you possibly can see Bhardwaj has performed this card earlier than. Which implies except his cardiac arrest is confirmed by authorities or the hospital, I’m not taking “individuals near Bhardwaj” at face worth.
GainBitcoin was an MLM crypto Ponzi that pitched 10% a month from fictional bitcoin mining.
The scheme was launched in 2017, collapsed by the tip of the 12 months and was rebooted at GB21 in early 2018.
Following Bhardwaj’s arrest in Thailand in 2018, he was extradited again to India.
He was granted bail in April 2019 on medical grounds associated to “kidney illnesses”.
Complete GainBitcoin losses have been pegged at $2.7 billion, up from an estimated $523 million in late 2018.
Indian authorities have up to now solely recovered a number of million.
I’ve been loosely following the case and aside from the odd procedural occasion, not a lot has occurred over the previous three years.
Pending affirmation of Bhardwaj’s passing attributable to cardiac arrest, keep tuned…