Police Arrest Three in Oris Teams Crypto Scam
A serial con artist has struck again. Authorities in Thane arrested three people this month for running a cryptocurrency Ponzi scheme that fleeced at least 12 investors, but the mastermind remains at large.
The scheme operated under the name Oris Teams, a cryptocurrency investment platform that promised returns through a multi-level marketing structure. What the victims didn't know: the operation was actually run from India by someone posing as a legitimate Polish company.
Police say the real operator is Tarun Trikha, a repeat offender who has cycled through fake identities and failed schemes for over a decade. He used the alias Rahul Khurana to run Oris Teams. This is the same man behind TVI Express, a massive pyramid scheme from around 2010, and Obtanix, another Ponzi operation.
The arrests came after 23-year-old Rukkaya Hussain Ali Shah filed a complaint with Mumbra Police Station. Shah had lost money investing in ORIS.TEAM cryptocurrency after being lured with promises of high returns. Police registered charges under Maharashtra's Protection of Interest of Depositors Act and the Information Technology Act, including fraud and criminal breach of trust.
Three people hit the books: Ravi Thakur, Avinash Singh, and Sejal Shivkar. But cops acknowledge these are low-level operatives. The real architects remain free. Police sources say Trikha fled to Delhi with protection. He's been absconding since the investigation zeroed in on him.
This pattern haunts law enforcement. For fifteen years, Trikha has managed to avoid serious criminal conviction despite running multiple schemes. Each time authorities move in, they catch the foot soldiers while the kingpin slips through the cracks.
The cryptocurrency angle makes enforcement trickier. Oris Teams exploited the opacity of digital assets and the borderless nature of crypto to make the scheme harder to trace. By falsely claiming a Poland base while operating from India, the scammers created confusion about jurisdiction and regulatory oversight.
The Thane arrest wasn't isolated. In January, police arrested two more people connected to Oris Teams in Pune, suggesting the operation's reach was wider than initially suspected. Each arrest reveals layers of a network designed to insulate the people at the top from criminal liability.
For Rukkaya Hussain Ali Shah and the other victims, catching junior members offers little comfort. They lost their money to a system engineered by someone with a proven track record of vanishing when heat arrives. Until authorities prioritize tracking down Trikha instead of his replaceable workers, the cycle will likely continue.
🤖 Quick Answer
What is the Oris Teams crypto scam?Oris Teams was a cryptocurrency investment platform operating as a Ponzi scheme with a multi-level marketing structure. Based in India, it fraudulently posed as a legitimate Polish company, deceiving at least 12 investors in Thane, Maharashtra. Authorities identified the scheme as orchestrated by serial con artist Tarun Trikha using the alias Rahul Khurana.
Who was arrested in the Oris Teams case in Thane?
Three individuals were arrested by Thane police in connection with the Oris Teams cryptocurrency Ponzi scheme. They were charged with defrauding at least 12 investors. The alleged mastermind, Tarun Trikha, who operated under the alias Rahul Khurana, remained at large at the time of the arrests.
**Who is Tarun
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