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Moment fraudster who stole £200k and bought gold grills is arrested

Summary by dailymail.com
Ajay Shinjin exploited SIM-swap technology to take nearly £200,000 from multiple victims' cryptocurrency accounts, using it to fund a lavish lifestyle and a high-end apartment.

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A London court sentenced Ajay Shinjin to 2.5 years in prison for a £200,000 SIM fraud scheme that siphoned off the crypto assets of four BT customers in 2021.

A man from London who used SIM swapping techniques to help steal about £200,000 in cryptocurrencies was sentenced to 30 months in prison on 8 October, according to the City of London Police. Ajay Shinjin, 25, pleaded guilty to conspiracy to commit fraud by false representation and was arrested in the ... Read more

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dailymail.com broke the news on Thursday, October 8, 2026.
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