Amit Bhardwaj
Associated companies: GainBitcoin
88Scam score
$523.0MDocumented losses
44,807Reported victims
Profile
Amit Bhardwaj is an Indian entrepreneur who founded GainBitcoin, a cryptocurrency investment scheme that defrauded investors of over $523 million. His company operated as a Ponzi scheme promising guaranteed returns on Bitcoin investments, ultimately collapsing and resulting in the recovery of 451.999 Bitcoin by authorities.
Timeline
- 2016Founded GainBitcoin cryptocurrency investment platform
- 2017GainBitcoin scheme collapsed, investors unable to withdraw funds
- 2018Arrested by Indian authorities in connection with GainBitcoin fraud
- 2023451.999 Bitcoin worth millions recovered from GainBitcoin scam
Frequently Asked Questions
- Who is Amit Bhardwaj?
- Amit Bhardwaj is an Indian entrepreneur who founded GainBitcoin, a cryptocurrency investment scheme that defrauded investors of over $523 million. His company operated as a Ponzi scheme promising guaranteed returns on Bitcoin investments, ultimately collapsing and resulting in the recovery of 451.999 Bitcoin by authorities.
- What is Amit Bhardwaj's fraud risk rating?
- Amit Bhardwaj has a scam score of 88/100 (critical risk) based on open-source intelligence, regulatory records, and investigative reporting aggregated by ScamTelegraph.
- What companies is Amit Bhardwaj associated with?
- Amit Bhardwaj is associated with the following companies or entities: GainBitcoin.
- How many investigations mention Amit Bhardwaj?
- ScamTelegraph has published 18 investigative articles mentioning Amit Bhardwaj, including: BitConnect web developer extradited from Abu Dhabi to India; Karatbars International banned in Canada, pyramid scammers fined; 451.999 bitcoin recovered from GainBitcoin scammers.
Coverage on ScamTelegraph
- BitConnect web developer extradited from Abu Dhabi to India
- Karatbars International banned in Canada, pyramid scammers fined
- 451.999 bitcoin recovered from GainBitcoin scammers
- Jason Cardiff fails to return to US, extradition warrant executed
- Holton Buggs & Robert Collazo consent to Traders Domain injunctions
- Simpy Bhardwaj arrested on Gain Bitcoin Ponzi charges
- Cancri Jewelry scammers attempt to reboot collapsed Ponzi
- Two investigators caught stealing GainBitcoin funds
- GainBitcoin scammer Amit Bhardwaj dies of cardiac arrest?
- WaterMine collapses, pulls “we got hacked” exit-scam
- Crowd1, Omega Pro & IM Mastery Academy illegal in Peru
- PetronPay Review: 300% ROI “oil barrels” Ponzi scheme
- Authorities move to seize $5.9M in Gain Bitcoin Ponzi assets
- Major crypto MLM bust in Pakistan (OneCoin, FirstCoin, Eagle Bit Trade)
- Amit Bhardwaj arrested in Thailand, fled Dubai after faking heart attack
- GB21 Review: GainBitcoin Ponzi reboot touts $450,000 mining contracts
- Todd Hirsch on the run from terrorist charges, arrested in Panama
- Gain Bitcoin Review: 10% a month ROI from bitcoin mining?