Bhubaneswar: The Economic Offences Wing (EOW) of Odisha Crime branch has cracked a Ponzi scam with the arrest of three accused from the Vijaynagar area in Uttar Pradesh.
EOW source here Sunday said Sachin Pal, Ankush Singh and Kuldeep were arrested from Vijaynagar under the Ghaziabad Police limit of Uttar Pradesh April 28.
Soon after the arrest, they were produced before the Court of CJM, Ghaziabad and were brought to Bhubaneswar on three-day transit remand for their production before the Court of SDJM, Bhubaneswar.
A case was registered on the allegation of Parthasarathi Pattnaik against a digital marketing channel registered as www.r46.in for cheating the general public in the name of giving extra income through digital marketing.
Pattnaik said he had invested Rs.6.5 Lakhs through this website, and his total commission along with invested amount was being reflected as Rs.7.31 lakhs in the wallet of the website.
But, when he wanted to withdraw the amount, it was not allowed.
The website had a telegram channel “eBay Official work channel No.7” with a rolling subscriber base of more than 65 thousand members.
EOW source said, during the investigation, it was found that the website www.r46.in is a fake website developed by fraudsters which are reportedly managed by outside nation.
They used hundreds of shell companies/mule accounts to make a complex layer of money transactions and finally, they misappropriated the amount.
The accused Sachin and Ankush both have handed over their SIM cards and bank accounts to one Kuldeep, an agent of the fraudsters operating from Rajasthan for illegal channelisation of money for a monthly remuneration of Rs 30,000.
During the investigation it was found that Rs 3.32 lakh and Rs.1.5 lakh have been illegally transacted from the amount deposited by the victim Parthasarathi Pattnayak.
UNI
