The Economic Offenses Wing (EOW) has arrested the female director of SMP Impex Private Limited (Hello Taxi) from South Goa in connection with a fraud of 250 crores.
Not only in Delhi, Rajasthan, and Uttar Pradesh have cases against women accused in the case of cheating more than 900 people by investing in an app-based taxi service company.
The police are bringing him to Delhi on transit remand. EOW has seized Rs 3.27 crore and 60 new cars in the company's account in Noida. The identity of the accused woman has not been revealed.
According to Joint CP OP Mishra of EOW, victim Dharmendra had complained of forgery against women directors and company officials. Director's associates Saroj Mahapatra, Rajesh Mahato, Sundar Bhati, and Harish Bhati had cheated crores from hundreds of people.
He lured people to give 200 times profit per month in the name of investment in the company. After grabbing the money, people neither received interest nor the principal amount.
The company opened an office at Sahibabad in Ghaziabad, Rohini, UP. Investigation revealed that the company was being run illegally, which was also being investigated by SEBI. A director of the company Rajesh Mahato was arrested on 23 August in this case.
The meeting was held in a five-star hotel to lure
The accused held meetings and seminars in five-star hotels. By doing this, people were motivated to invest in the company. As soon as the case was registered, the accused absconded. In this case, the female director was declared a fugitive. He was arrested by the police on Saturday at a resort in South Goa.
The EOW team was continuously tracking the mobile number of the accused female director. A week ago she went to Hyderabad by road via Chennai, where she bought an expensive car. She reached Goa in the same car. During interrogation, he has admitted to buying the car from the amount of forgery.
The police were also constantly scrutinizing the details of his credit card as he was shopping online. This helped in finding his location.
Such a company used to plant
Halo Taxi ran a multi-level marketing (MLM) scheme. It claimed to give huge benefits to investors. Initially, the company gave an amount of up to Rs 10,000 to those who invested Rs 1000. After getting this amount, everyone used to reach to invest. In this way, the company escaped after extracting huge money from hundreds of people.