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Agents are ‘Pedalling’ Bitcoins to Tax Dodgers to Help Them Change Up Illicit Cash Using ‘Invisible Currency’ Online

By Timothy Sohn Dec 19, 2016 9:28 PM EDT

(Daily Mail) – Cons are posing an invisible cyber threat to the nation’s onslaught on black money, pedalling a risk-laden digital currency to tax thieves looking for safe hideouts for their illicit wealth, an India Today investigation has found. Agents of the online bazaar of Bitcoins – virtual money which is thought to have been used by money-launderers and criminals for extortion, drugs and even supari killings – were found to be facilitating investments from unaccounted wealth into the internet tender, the investigation discovered.


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