Odisha EOW arrests CA for online loan fraud
Bhubaneshwar: The Economic Offenses Wing (EOW) of Odisha Police has arrested a chartered accountant in connection with an online loan scam believed to be run by Chinese fraudsters.
Based on a complaint, the EOW arrested Neerav Gupta alias Raman, a resident of Gurgaon, in the Paschim Vihar district of Delhi on July 30 and sentenced him under various articles of the Indian Penal Code and the computer law of 2000.
He was brought to Odisha on Tuesday for remand after being brought before the Tis Hazari court in New Delhi.
Gupta was found while an investigator was investigating an allegation of harassment and extortion by ‘Kredit Gold’ digital loan application debt collectors who allegedly sent abusive messages and tweaked photographs, EOW said in a statement. communicated.
Complainant Sakti Prasad Dash, after downloading the loan application, received Rs 9,000 as an instant loan, but only after four days received WhatsApp messages and calls asking him to repay Rs 15,627, it said. -he declares.
He then received several calls and messages from different mobile numbers which were traced to a company, whose director Nitin Malik was arrested and is currently in jail.
Based on Malik’s interrogation, Gupta was caught.
“Gupta has opened several shell companies for use by Chinese nationals to facilitate cash transactions related to digital lending apps. In return, he received huge sums of money in the form of commission from the Chinese through Malik,” EOW said.
Gupta also opened one-person companies for use by the Chinese to trick people.
“The defendant, Neerav Gupta, had received Rs 30 lakh from the Chinese for the operations which included not only the registration of the front companies but also the appointment of the directors of these companies at a nominal salary. It is suspected that at least 10 such companies have been established,” the statement said.
The EOW said the “Kredit Gold” app alone has been downloaded over a million times.
There could be thousands of people duped across the country, including Odisha, if all 10 applications are taken into account, he said.
A laptop computer, two mobile phones, 11 shell company seals, five digital signature certificate tokens, four shell company checkbooks were among the incriminating documents seized from Gupta’s possession, according to the EOW statement.
“The defendant worked for Chinese nationals and had regular contact with them. He is also wanted by different law enforcement agencies across India,” he said.
The EOW urged people not to take out loans from unregistered or illegal loan applications which can hack into customers’ mobile phones under the guise of advancing loans and later use them to perpetrate other financial crimes. .