Elvish Yadav promoting HIBOX
The IFS unit of the Special Cell of Delhi Police has busted a gang that cheated investors in the matter of giving guaranteed returns through HiBox application. Two cases related to this HIBOX scam are being investigated by the IFS team. Police had so far received 151 complaints in the HiBox application case. On which the police has also taken action. Police have arrested the main accused in this case and have seized his 4 bank accounts, Rs 18 crore have been found deposited in these accounts.
Cheated more than 30 thousand people
According to Delhi Police, the arrested accused is accused of cheating more than 30,000 people through HiBox mobile application. In fact, the arrested accused used to trap investors through this mobile app by luring them with 1 to 5 percent interest every day. Not only this, to win the trust of investors, the arrested accused also got many influencers and YouTubers to advertise for investing in this app. In view of this, Delhi Police has also issued notices to many social media influencers and YouTubers in this matter. These include the names of YouTubers/social media influencers Abhishek Malhan alias Fukra Insaan, Elvish Yadav, Lakshya Chaudhary, Purav Jha.
Know what is the whole matter?
In fact, on August 16, 29 different victims had given a complaint to the IFSO unit of Delhi Police, in which they had alleged that HiBox app promised to give guaranteed returns ranging from 1 percent to 5 percent daily and 30 percent to 90 percent monthly. They were defrauded of their money. After which Delhi Police started its investigation. During investigation, the police found out that the accused used to get many celebrities to advertise the app to woo people. The influencers and YouTubers used by the accused included Saurav Joshi, Abhishek Malhan alias Fukra Insaan, Purav Jha, Elvish Yadav, Rhea Chakraborty, The names include Bharti Singh (Comedian), Harsh Limbachiyaa (Bharti Singh’s husband), Lakshya Chaudhary, Adarsh Singh, Amit aka Crazy XYZ and Dilraj Singh Rawat aka Indian Hacker.
FIR was lodged in the month of August
Delhi Police had registered an FIR in this case in the month of August this year in which complaints of 9 victims were added, after which 30 complaints of North Eastern district of Delhi, 35 complaints of 24 outer districts of Shahdara district were also added later. Not only this, about 488 complaints of similar fraud were also added later on the NCRB portal. Considering the seriousness of the matter and keeping in mind the role of social media influencers, IFSO unit of Delhi Police formed a special team to investigate this entire matter and that team arrested the gateways and banks involved in this fraud case. Collected account information.
Accused arrested in the case
During investigation, Delhi Police found that the fraudulent amount was transferred to different accounts using payment gateways of EASEBUZZ and PhonePe. After this, details of 4 different bank accounts came to light during police investigation. These bank accounts were used to fraudulently withdraw the defrauded amount and after this the police arrested the accused J. Shivaram in this case.
According to Delhi Police, the amount of around Rs 18 crore defrauded by the accused from the victims was deposited in 4 different bank accounts of Satrulla Express Private Limited. Actually, the accused had taken an office on lease in the name of Satrulla Express Private Limited in New Washermanpet, Chennai, Tamil Nadu.
What is HiBox application?
Actually, there is a mobile app named HiBox through which the accused used to cheat investors by getting them to invest their money. Through this app, he used to lure investors by giving them high returns and to attract investors towards HiBox app, the accused also took the help of many social media influencers and YouTubers. According to Delhi Police, when the HiBox platform could not return the applicant’s money, the accused closed its Noida office. The IFSO unit of Delhi Police has just issued notices to all these social media influencers and YouTubers and called them for questioning to investigate the entire matter.
Also read:
Former cricketer Mohammad Azharuddin faces big problem, ED sent summons in this case
Latest India News
