Process to attach Himachal Pradesh crypto scam kingpin’s six properties begins

The Mohali police have initiated action to attach and auction the “ill-gotten” properties of Subhash Sharma, alleged mastermind of the Himachal Pradesh cryptocurrency scam.

Six properties of Sharma, a resident of Mandi, are being attached under Sections 21 and 23 of the Banning of Unregulated Deposit Schemes Act, 2019. He is absconding and is said to be hiding in Dubai.

It is for the first time that this offence has been added to the FIR registered at Zirakpur police station.

Additional SP, Dera Bassi , Darpan Ahluwalia said, “This is for the first time in the state that ill-gotten properties will be attached using this provision.” Besides Zirakpur, the probe has led the police to Jalandhar in Punjab and a few places in Himachal.