Subhash George booked in Rs 99 lakh crypto fraud case; alleged Rs 100 crore scam under probe; 'Patriot' f

Kochi Blue Tigers cricket team owner and film producer Subhash George is reportedly facing a police case over allegations of cryptocurrency fraud. The complaint concerns an alleged financial loss of Rs 99 lakh.

As reported by Asianet News, Karukachal police in Kottayam registered the case following a complaint from UK-based Malayalis. The allegations are part of a wider dispute involving financial activities allegedly conducted from the UK.

At the same time, authorities are examining claims of a much larger financial fraud. Subhash George has been reportedly accused of allegedly defrauding people from different countries of around Rs 100 crore since 2014.

Subhash George faces Rs 99 lakh cryptocurrency fraud allegation

The case registered in Kerala centres on alleged cryptocurrency transactions. According to the complaint, Rs 99 lakh was allegedly obtained through such dealings.

The complaint was filed by Malayalis based in the UK. Karukachal police subsequently registered a case and began examining the allegations. The police are looking into the transactions mentioned in the complaint.

100 crore fraud allegations linked to UK

Reports also say that Subhash George has been accused of running an alleged financial fraud operation from the UK.