How lakhs of Indians were duped of crores through Chinese apps: Modus operandi revealed
Over 100 shell companies were created, sold to Chinese nationals
The CAs created over 110 shell companies and sold these companies to some Chinese nationals for Rs 2 to 3 lakh each, police said.
Robin, who was contacted by a Chinese national through messaging app Telegram, initially opened a bank account for these fraudsters, but later started acting as an operative whose primary task was to manage the large number of fund transfers, the DCP said, adding that at the time of the arrest, he was operating around 29 bank accounts, police said.
Chinese handlers randomly contacted people
The main Chinese handlers behind this massive scam used to randomly contact people over various apps such as WhatsApp and Telegram and hired the interested persons as partners for procuring bogus bank accounts, creating shell companies, circulating and promoting the apps, transferring money, they said.
Several Chinese nationals have been found behind this scam so far. Investigation in respect of their whereabouts, specific roles and their large fraud network is underway, police added.
At least two more people were detained in connection with Chinese mobile applications -- Power Bank, EZPlan, etc -- scam in which 5 lakh Indians were duped of thousands of crores.
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