Rs. Fraud of over Rs 150 crore: 11 arrested

- Two CAs were also among those arrested

- Fraud with five lakh people in the country through a mobile app called Power Bank and EZ Plan

New Delhi: In the Corona era, the Chinese have cheated millions of Indians and embezzled their crores of rupees. Through a fake Chinese app, China stole the data of millions of people in the country and defrauded them of crores of rupees by tempting them to double their money. According to sources, more than five lakh people have lost more than Rs 150 crore in two months through two mobile apps Power Bank and EZ Plan.

The Delhi Police's cyber cell has uncovered a major scam in connection with the arrest of 11 people involved in the racket in the wake of complaints of victims of fraud on the internet media. Out of the Rs 150 crore collected through fraud, Rs 11 crore has been blocked in various banks. Police have taken immediate action and arrested 11 people. This is considered to be the biggest cyber cell operation in the last few years. Police Commissioner SN Srivastava has congratulated the entire team for this and also announced a reward for them. It may be mentioned that a mobile app called Power Bank called itself a Bengaluru-based company, although the server of this app is located in China. The arrested accused also include two CAs who were creating fake companies to send the invested money.

Both of these chartered accountants formed 110 shell companies. These companies were sold to Chinese nationals for two to three lakh rupees.