A simple food-delivery order in Dehradun got BlueChip Group owner Ravindra Nath Soni arrested. Police was searching for Soni for 18 months who had committed investment fraud of more than ₹800 crore in UAE.
Key Highlights
Police made arrest by tracing the location of Zomato/Swiggy order in Dehradun
Investment fraud worth crores in UAE and India, 700+ victims
Many people of UAE had invested crores of dirhams, no recovery till now
Sony lured 36% annual returns by promising to “double money”
Uncertainty over victims getting money even after arrest
Legal expert said – case can be tried in India also, even if the crime took place in UAE
$41.3 million transferred to crypto wallet before company shut down
Complete case: How the mastermind of BlueChip fraud was caught
BlueChip Group owner Ravindra Nath Soni, who was absconding for 18 months, was arrested by the police from Dehradun.
ADCP Anjali Vishwakarma of Kanpur Police said, “He was caught through a food-delivery order. As soon as the location was found, the team immediately reached.”
Soni is accused of absconding with crores of dirhams from UAE investors. Many Indian expats living in Dubai said they invested money relying on Sony’s “strong operations”.
This arrest took place on November 30 and currently he is in Kanpur police custody.
The condition of UAE victims – both relief and anxiety
Talha and his father, who live in UAE, had invested Dh 1.6 million (₹3.5 crore).
Another Abu Dhabi resident woman lost Dh 1.2 million.
Dr. of Dubai Pulak lost Dh 310,000 and said – “Now I don’t expect any money, I just want to be punished.”
According to the Excel sheet, only 90 investors had invested $17 million. The actual number is many times higher than this.
How did BlueChip sink?
BlueChip promised 36% annual returns.
The company was run in Al Jawhara Building in Bur Dubai, Dubai.
In March 2024, the office suddenly closed and checks started bouncing.
It was later revealed that Sony had transferred $41.35 million in crypto.
What is the legal route?
Dubai legal expert Farhat Ali Khan said:
“Under section 48 of the Indian Act, an offense may be prosecuted in India even if it did not occur in India – if the act would have been considered an offense in India as well.”