Agent Arrested in Rajasthan for Multi-Crore Car Sales, Crypto Investment Fraud

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Rajasthan SOG busts multi-crore car, crypto investment fraud; key agent held

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News18•13-03-2026, 00:15

Rajasthan SOG busts multi-crore car, crypto investment fraud; key agent held

•Rajasthan Police SOG arrested Suresh Saini (34) from Bhopalgarh, Jodhpur, for involvement in a large-scale fraud.
•The fraud involved collecting crores from people under the guise of luxury car sales, cryptocurrency, and social media investment schemes.
•Main accused Banshilal alias Prince Saini and Rajnish Kumar created a website, collecting Rs 2 crore from 82,000 investors.
•The company launched "HVT Crypto Coin" promising high returns and discounted SUVs; agent Suresh Saini collected Rs 3.78 crore.
•Saini also collected Rs 3.5 crore from 56 rural investors for discounted vehicles and facilitated Rs 28 lakh more through the company.

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