Dharavi Police Book Bio Estate Solution Directors for Alleged Rs49.46 Lakh Crypto Fraud

Mumbai's Dharavi police have registered a cheating case against Bio Estate Solution Pvt. Ltd.'s chairman Shivaji Walke and directors Ghanshyam Sharma and Shakeel Khan for allegedly defrauding investors of Rs49.46 lakh through a cryptocurrency called 'BioCoin' and a 'Monthly Rental Income System' promising high returns. Investor Aamir Idris Khan and relatives invested between 2019 and 2020 but received partial payments before returns stopped. The company later closed its Dharavi office, and accused individuals have not responded to contact attempts.