A 25-year-old man in London has been sentenced to two and a half years in prison for taking part in a SIM-swap fraud case that stole about £200,000 worth of cryptocurrency from four victims. The scheme took place in November 2021, according to Techub News. The City of London Police said the man, Ajay Shinjin, received more than £44,000 from the criminal proceeds. Police said he spent the money on a luxury holiday in Dubai, an expensive apartment and gold-plated dental braces. Shinjin was arrested at Heathrow Airport in October 2023 and pleaded guilty in late September 2026. Authorities described the case as a complex and premeditated fraud that caused significant financial harm to the victims. The case is one of the recent SIM-swap fraud matters involving cryptocurrency in the UK.
A 25-year-old London man has been sentenced to two and a half years in prison for his role in a SIM-swap fraud that stole about £200,000 worth of cryptocurrency from four victims, according to Techub News.
The fraud took place in November 2021. The City of London Police identified the defendant as Ajay Shinjin and said he received more than £44,000 from the criminal proceeds.
Police said Shinjin used the money for a luxury holiday in Dubai, an expensive apartment and gold-plated dental braces. He was arrested at Heathrow Airport in October 2023 and pleaded guilty in late September 2026.
Authorities described the case as a complex, premeditated fraud that caused significant financial damage to the victims. Police also said it was one of the recent UK SIM-swap cases involving cryptocurrency.
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