Based on a written complaint, the State Cyber Crime Police Station vide case No. 03/2021 U/S 420/120 B IPC R/W 66 D IT Act has registered a case against unknown accused persons.

The allegation, in brief, is as follows:

• The fraudsters going by the name HPZ Tokens have duped thousands of people throughout India amounting to crores of rupees.
• The Modus Operandi of the scammers is to first lure the victims to invest in the company on the pretext of doubling their investment by an app called HPZ Token.
• Initially, some investors received returns from their investments made.
• The victims are further asked to introduce more investors to get additional incentives/ bonuses apart from their investments i.e. downline commission.
• The mode of payment by the investors is through an app downloaded from the HPZ Token website in virtual payment addresses.
• The scam in Nagaland started around June 2021 and by August 2021, the fraudsters have stopped the payments and the website is not accessible.

This press release is being published for the public at large to volunteer and share information if any, with regard to the above companies/ allegations. The Identity of the informant, if desired, will be kept Confidential. Information regarding this may kindly be shared at mobile number +91 8413980982.

This press release further highlights the widespread Cyber Crimes committed in the country and in Nagaland. The public is requested not to share bank details/OTPs with anyone and avoid the transfer of money to unknown persons/accounts even if they appear genuine without clear confirmation. Cyber Crime is a highly organized crime and we all need to remain vigilant, it stated.

(DIPR)