fraud – Bhartiyanews24x7

In 2015, Jakir Daud Khan, a Class 9 dropout, applied for a visa through an agent who promised him an overseas gig. He soon realised he had been defrauded. On Thursday, ten years after being at the receiving end himself, he was arrested for allegedly duping multiple people with fake promises of jobs outside the country, the Delhi Police said. Jakir Daud Khan, police said, was associated with a firm identified as Fiza Placement Pvt. Limited in 2021. The company was allegedly involved in defrauding people with fake employment opportunities. However, both the company’s and Jakir’s alleged fraud came to light when a complaint was filed in September 2021. “In September 2022, a complainant, Dharmendra Kumar, lodged a complaint with the Economic Offences Wing (EOW), Delhi, alleging that Fiza Place...

The chargesheet filed by the Enforcement Directorate (ED) in the Torres Ponzi fraud case found that the Ukrainian masterminds, with the help of an Indian hawala operator, an entry operator and others, allegedly laundered Rs 177.11 crore. As many as 14,157 investors from across Mumbai and neighbouring districts lost nearly Rs 150 crore between January and December 2024 to the alleged Torres fraud run by Platinum Hern Pvt Ltd company, which was operated by Ukrainian masterminds. In March, the Economic Offences Wing (EOW) also filed a 27,134-page chargesheet in the matter. According to the sources, the ED chargesheet states that Platinum Hern Pvt. Ltd is accused of running a fraudulent investment scheme by selling low-value synthetic moissanite as high-value gemstones, promising exaggerated ...

Tag: fraud

Ten years after he was duped with fake overseas gig, man arrested over Rs 88-lakh employment fraud

Torres Ponzi scheme: Rs 177 crore laundered by Ukrainians masterminds, Mumbai hawala operator, says ED