New Delhi. Delhi Police has busted the biggest ever financial fraud by Chinese-based establishments like money laundering through apps in India. The police have arrested two CAs, a Tibetan woman and eight others in this case. Police Commissioner SN Srivastava said that about five lakh Indians have been duped by the Chinese in the name of ‘investment’, as well as sensitive data of Indians through ‘instant earning’ type mobile app. Police said that the Chinese have embezzled Rs 150 crore within two months through a multi-level marketing campaign.
According to the police, 11 crore rupees have been blocked in many banks and payment gateways of the country, along with this, 97 lakh cash has been recovered by the police from a Gurugram-based CA, which has helped Chinese fraudsters to form more than 110 companies. Police said, “These people used to lure people into their trap by luring them with the best return on investment. Like doubling the amount invested in 24 to 35 days. These people used to run such schemes, which depended on hours and days. A person could invest from Rs 300 to several lakhs. One of these apps was Power Bank and the other was recently trending at No. 4 on Google Play Store.
Police told how busted
Describing the operation, DCP Anyesh Roy said that the Cyber Crime Cell found that many posts of people on social media were about power banks and EZPlan. DCP said, “ACP Aditya Gautam researched these apps in the lab. EZPlan was available through a website, while Power Bank was said to be a Bengaluru-based technology startup, which works on quick charging technology. But this Everything was meant to deceive people. The servers of these two apps were checked and the server was found to be located in China.”Initially 5 to 10 percent return was available
Through these apps, people were asked for access to the camera, phone number list, as well as read and write access to external storage. In order to reach more and more people and encourage them to invest, initially 5 to 10 percent return was given on their investment. Police said that people thought that the scheme was real. They started investing. Also share the app with your family and friends. Once a person put a huge amount, the account would get blocked immediately and people’s money would be lost.
Use of social media to trap
When the police were asked how the Chinese fraudsters used to lure people into their trap, the police said that the Chinese fraudsters used to make random calls through WhatsApp and Telegram channels and hired interested people through fake bank accounts. Were. Fake shell companies used to make and make payments by circulating the app, as well as transferring money.
The senior official said that the apps used by a large number of fraudsters include Power Bank, EZCoin, Sun Factory, Lightning Power Bank. Many of these apps are also listed on the Google Play Store. Police said that all these apps were promoted through YouTube channel, Telegram channel and WhatsApp chat. Once the user registered the app, he was repeatedly asked to invest money for high returns.