Important Detection by Economic Offence Wing

Important Detection by Economic Offence Wing
22nd December, 2013
SWINDLER OF CRORES ARRESTED.
HE DUPED VARIOUS COMPANIES/PERSONS OF MANY A CRORES BY

PROJECTING HIMSELF TO BE A RENOWNED BUSINESSMAN HAVING
DIVERSIFIED INTERESTS.
The Anti Land & Building Racket Section, EOW, Crime Branch has arrested
a master conman namely Vijay Dixit S/o Chandan Lal Dixit R/o 1/1, Shanti
Niketan, New Delhi, aged around 60 years.. He was wanted in around 30
cases of cheating and N.I. Act etc. pending against him. He had been
absconding and avoiding arrest since long and was also declared Proclaimed
Offender in around 12 cases. The accused used his age and good influencing
skills to cheat hundreds of gullible investors of more than Rs.200 crores. The
Economic Offences Wing was contemplating announcing cash reward of
Rs.50,000/- against him and had recently mooted a proposal also in this
regard.
The accused Vijay Dixit had floated a number of companies including
M/s Senior Builders Ltd. and M/s Senior Power Projects Ltd. He projected
himself as a builder, developer as well as Financial advisor having
membership of Multi Commodity Exchange (MCX). He conned the investors
by promising high returns on their investments in big ticket real estate
projects. In one such matter, he received investments from a large number
of persons in the name of Pre-launch of residential plots in Sonepat by
floating a project namely SBL City. He was neither having the land nor any
permission from any authority for the said project. After collecting money, he
vanished from the scene leaving the unsuspecting investors in lurch. In
another matter, he posed himself as developer and promised to develop the
property situated in Defence Colony area of one Dr. Manjula Pathak
Kripendorf. He cheated Dr. Kripendorf of more than Rs.90 lacs by grabbing
her property on the pretext of developing the same. In yet another case of
misappropriation, he floated a company by the name of M/s Senior Power
Projects Limited and promised high returns to the complainants by inviting
investments in commodity trading at MCX. He after receiving investments of
Rs.1.70 crores (approx.) shut down his office and fled away duping more than
100 investors of their hard earned money. There was another case registered
on the complaint of Lt. Col. Surinder Pal Singh Aurora (Retd.) and others
wherein the accused Vijay Dixit had floated a project by the name of M/s
Senior Mall to be developed in Noida, U.P. He entered into agreements with
the investors by promising to provide the shops in the shopping mall within a
stipulated period. Later, the complainants came to know that during the
period, when the accused had taken investments from them, Noida Authority
had already cancelled the allotment of land to him on account of nonpayment of more than Rs.4 crores. He not only cheated the investors in the
name of providing shops in the mall, but also cheated a number of other
companies of crores of Rupees by entering into MOU with them for
development of various entertainment facilities. He had even mortgaged the
land on which the mall was to be developed, with a Public Sector Bank
without informing the investors in this regard.
Apart from the above, the accused Vijay Dixit was wanted in at least 5
other cases registered against him across various police stations in Delhi as
well as 20 cases of Negotiable Instruments Act and had been declared P.O. in
these matters.
In order to arrest the accused persons, a team was formed under the
supervision of Shri Sanjay Tyagi, Addl. DCP. The team comprising of Inspr. Jai
Prakash and Inspr. Rakesh Ahuja developed information about the hideouts of
accused and conducted various raids in this regard as after coming to know
of registration of cases against him, he shut down his office and fled away.
While trailing the accused persons, an information was received that the
accused was hiding at a farmhouse in the Mahipalpur area.
A team
comprising of Inspr. Jai Prakash, SI Balihar, ASI Harjit, ASI Sukhwinder, ASI
Labh Singh, ASI Bane Singh, Ct. Sanjay & Ct. Amit rushed to Mahipalpur area
and conducted raid at a farmhouse and found him to be present there. The
accused was arrested and produced before the Honble Court. The Police
remand of the accused has been obtained and further investigation is being
carried out from him to find out the details of his associates as well as the
disposal of cheated amount.
17.12.2013
Gang of Cheats Arrested !

Cheated over 2 lac people of Rs 562 Crores !
Ashok Jadeja @ Mataji the main accused claimed possession of divine powers!
Collected money on the pretext of tripling it in 3 days with help of divine
intervention!
Over 95 cases registered all over India!
2800 victims cheated of Rs 25 crores in Delhi!
With the arrest of the following accused persons in case FIR No. 89/09, dated 01/06/2009 , u/s
420/406/120B IPC, P.S. EOW, EOW has succeeded in exposing a gang of conmen and cheats
who had cheated over 2 lac people of Rs 562 crores all over India:
1. Ashok Jadeja ( age 38 year) s/o Sh. Jai Ram Jadeja r/o H. No. 937, Harshad
Bhawan, Near Railway Xing Makarba Gaon Sarkhej Ahamdabad, Gujarat,
2. Parveen Popat (age 35 year ) s/o Sh. Laxmi Chand R/o Near 26 Railway Xing Sarkhej,
Ahamdabad, Gujarat,
3. Khimji Bhai Jedeja ( age 58 year) s/o Sh. Jai ran Jadeja r/o Harshad Bhawan 26, Mini
Chara Nagar, SG Highway, Village Makarba, Sanand Sarvej, Ahamdabad, Gujarat and
4. Kesha Ram ( age 59 year) @ Keshu Bhai Bajranji s/o Nhal Chand @ Niyala Bhai r/o
Behind Baba Ram Dev Hotel Near SG Road, Sarkej, Ahmadabad, Gujarat.
The main accused Ashok Jedaja misrepresented to the one particular community
that he has been blessed with spiritual /divine power of Sikodar Mata deity (revered by
the community) which conferred on him the capacity to triplicate money in no time. The
time required to triplicate the money was 3 days initially and subsequently it was enhanced to
25 to 30 days. Innocent persons of the community all over India were induced to offer large
sums in the name of the deity as offered money which was to be multiplied to three times.
Ashok Jadeja constituted a body of members and agents to collect the maximum amount from
maximum members of the Society from all over India purportedly for the upliftment of the status
of the Samaj in the Society.
Due to false representations and faith in caste and religion, many innocent people of
community of Delhi area fell prey to this elaborate sham and offered all they had in the hope of
tripling their money in no time. So far, more than 2800 complaints have been received in EOW
from victims resident of Delhi, involving an amount of over Rs. 25 Crore. One accused Basant
Lal has already been arrested in the case. The above mentioned accused persons were
arrested by Ahamadabad Police, Gujarat and they were running in Judicial Custody in the
cases pertaining to Gujarat and other States i.e. Rajasthan, Madhya Pradesh and Maharasthra.
They have been produced in Delhi on a production warrant and are now on PC remand in
EOW. While Ashok Jadeja was the kingpin of the racket, Parveen Popat, Khimji Bhai Jedeja
and Kesha Ram were agents who collected money from the victims. Efforts are on to trace the
other accused in Delhi and in other States.
16th December, 2013
MASTER CONMAN ARRESTED.
HAD DUPED VARIOUS COMPANIES/PERSONS OF MANY CRORES BY

PROJECTING HIMSELF TO BE ASSOCIATED WITH UNESCO & MINISTRY
OF HUMAN RESOURCES DEVELOPMENT
HAD USED THE CHEATED AMOUNTS TO ORGANISE LARGE EVENTS HAVING

PARTICIPANTS RANGING FROM POLITICIANS TO FILM AND T.V. STARS
The Anti Forgery Section, EOW, Crime Branch has arrested a master
conman namely Shubhendu Sorcar S/o Anath Bandhu Sorcar R/o H.No.54,
Kasturba Nagar, Ashram Road, Ulubari, Guwahati, Assam and his associate
namely Debashree Chatterjee. The two in connivance with others had
cheated a number of persons by projecting themselves to be associated with
UNESCO and having recognition from Ministry of Human Resource
Development.
The Economic
received a number of
Shubhendu Sorcar is
Educational Research
Offences Wing of Crime Branch, Delhi Police had

complaints wherein it was alleged that one Professor
running an organization by the name of National
& Development (NERDP) which claims to be an
International Post Secondary Non-Profit Statutory Education Agency in Higher

Education, associated with international organizations with voting and
funding rights with regards to the infrastructural development along with
manpower development schemes in India. He used to project that NERDP is
an organization supported by UNESCO and duly recognized by the Ministry of
Human Resource Development, Government of India for carrying out
activities related to Higher Education in India.
The accused Shubhendu Sorcar, who claims to be an alumni of
renowned university having completed his graduation and Masters in Arts &
History, had a unique modus operandi. He used to run a big office in the
posh Hauz Khas area in order to project to his gullible victims that his
organization namely NERDP is handling several big ticket assignments across
India with the support of Ministry of HRD & UNESCO. The unsuspecting
victims were invited for meetings at five star hotels in Delhi. The victims
were made to believe that the projects being initiated by him across major
cities of India were worth thousands of crores. In order to impress upon his
targets, he used to communicate with them in a manner which made them
believe that they are dealing with a Government functionary. The language,
style of the letters adopted by him to cheat was such that it appeared that
the same had been written by a Government organisation. He used to show
that tenders had been floated by his organization NERDP and invited
quotations from his targets. While in one case registered on the complaint of
Ministry of HRD, he had taken Rs.80 crores as earnest money for giving
contract worth Rs.4500 crores for construction of educational hubs in major
metropolitan cities across India, in another case, he took Rs. 24 crores as
earnest money from Shri Sunil Dawar of M/s Dineshchandra R. Agarwal
Infracon Pvt. Ltd. for giving tender worth Rs.1200 crores for constructing a
Super Specialty hospital at Greater Noida. In another matter, he took close to
Rs.2 crores as earnest money for giving contract of organizing an event in IGI
stadium, Delhi. In order to prove his credentials, he used to provide forged
letters showing sanctions from Government authorities including Ministry of
HRD & DDA.
The accused Shubhendu Sorcar used to organize cultural events in
major cities and invited politicians, film stars and popular singers. He also
organized folk events to show that his organization NERDP is an NGO dealing
with the rural India. However, during the investigation of various cases
registered against him, it was found that he never used to pay the money to
the event organizer. When the organizer pressed him for his money, he used
to cheat another person and pay part money received from him to the
organizer. Thus, he was cheating one person to pay another and was
maintaining posh lifestyle.
The accused was helped by his long time associate, Debashree
Chatterjee who used to run his office. She used to meet the prospective
clients at the office and assured them of the credentials of NERDP.
In order to arrest the accused persons, a team was formed under the
supervision of Shri Sanjay Tyagi, Addl. DCP. The team led by Shri Mahesh
Tholia, ACP conducted raids at his various hideouts including Guwahati,
Kolkata and Itanagar. While trailing the accused persons, an information was
received that the two are hiding in Jaipur. A team comprising of Inspr. Vijay
Vats, SI Arun Tyagi, HC Suresh, Ct. Jitender and W/Ct. Bindu rushed to Jaipur
and conducted raid at Hotel Casa-De-Bella and found the two to be present
there. Both the accused persons have been arrested and brought to Delhi.
They are being taken on Police remand and further investigation will be
carried out from them. The accused persons, during questioning, have also
claimed of running various educational activities in the North-Eastern States.
However, the same is yet to be verified.
During the investigation carried out from the accused persons, it has been found that they have
cheated a number of persons by using the same modus operandi and due to this reason the EOW is
apprehending that more such complainants may approach police.
11th November 2013

Brief facts:
Briefly facts of the case are that it was alleged by the

complainant Sh.Satish Luthra, authorized representative, M/s Mohan
Built and Developers Pvt. Ltd. They are a Pvt. Ltd. Company, having its
registered office at 354 Tarun Enclave Pitampura Delhi. The directors of
M/s. Sarveshwari Estates Pvt. Ltd. i.e. Mahinder Singh Kushwaha and
Shivender Singh Kushwaha approached them with the proposal that
they owned land in Gautam Budh Nagar, U.P. and wished to develop a
township/colony on the said land, for which they had obtained Valid
Licenses/NOC from the concerned state authorities but due to financial
difficulties they were unable to do so. On continuous persuasions by
the alleged persons the complainant company agreed to develop the
said township and an MOU was signed between them and in
furtherance of the MOU, the complainant company paid Rs. 12.25
crores by cheque and Rs. 25 lacs in cash. Later on, it transpired that no
such License/NOC was issued by the concerned government authority.
The alleged accused induced the complainant to part with money to
the tune of Rs. 12.50 Crores by misrepresenting that they had the
necessary License/NOC for the project.
Investigation conducted:
The investigation was taken up by Anti Fraud & Cheating Section of Economic
Offences Wing and during the course of investigation it was confirmed by Asst. Chief
Manager Noida Authority that no permission had been granted to M/s Sri Sarveshwari
Estate Pvt. Ltd by their group housing division.
The accused Shivendra Singh, director of Sarveshwari Estates

Pvt. Ltd. and also signatory of MOU in which it was stated that they had
valid license for development of township/colony has been arrested.
The co accused Parmod Sharma has also been arrested as out of Rs.
12.50 crores, 5.50 crores was credited in his current account which was
further siphoned off. The accused persons are in PC remand and efforts
are being made for recovery of the cheated amount and arrest of other
director Mahender Singh Kushwaha.
Accused arrested:
The following accused persons have been arrested:
1.
1.
Shivendra Singh S/O Sh. Mahendra Singh Kushwaha R/O Shop

Plot No. 67 IIIrd Floor Pandav Nagar Delhi-92 Age-41Years
Pramod Sharma s/o Late Sh. Hari Om Dutt Sharma r/o Mohilla
Gayatri Puram, Baghpat, UP, Age -52 Years
30th October 2013
Brief facts:
Complainant Ms. Renu Lalwani had sold her property No. C-147, Sarvodaya
Enclave, Malviya Nagar, New Delhi in lieu of Rs 3.46 Crores and purchased another
property in 1.25 Crores and deposited the remaining consideration amount in her
bank accounts. Lateron, she went to the bank to withdraw the amounts and found
that Rs 1.00 Crore has been withdrawn from her account of Allahabad Bank, Adhchini,
New Delhi in the name of one Vijender Kumar through two cheques fraudulently. Than
she had also been enquired regarding her another account from AXIS Bank, Malviya
Nagar, New Delhi and found that Rs.90 Lacs has also been withdrawn from her
account in the name of one Sanjay Kumar through two cheques fraudulently. The
accused persons had stolen the blank cheques of the complainant and after forging
her signatures withdrawn Rs 1.90 Crores from her bank accounts. A case vide FIR No.
217/08 Dt. 01.12.2008, u/s 380/420/467/468/ 471/120B IPC was registered at PS
Economic Offences Wing.
Investigation conducted:
The investigation was taken up by Anti Fraud & Cheating Section of Economic
Offences Wing and during the course of investigation the bank accounts details of the
accused persons were obtained in which the alleged amount was credited and raids
were conducted at the given addresses of accused persons namely Vijender Kumar
@ Mohd. Illiyas s/o Mohd. Islamuddin r/o 163, Deendar Pur, P.S. Chhawla, New Delhi
and Sanjay Kumar s/o Dayanand r/o 199, Deendar Pur, P.S. Chhawla, New Delhi, but
both the accused persons were found absconding. Non-bailable warrants were also
obtained against both the accused persons from concerned court. After laying a trap,
both the accused persons namely Vijender Kumar @ Mohd. Illiyas s/o Mohd.
Islamuddin r/o 163, Deendar Pur, P.S. Chhawla, New Delhi and Sanjay Kumar s/o
Dayanand r/o 199, Deendar Pur, P.S. Chhawla, New Delhi have been arrested. The
accused namely Vijender Kumar was found to be living in the name of Mohd. Illiyas at
a rented accommodation in Sagar Pur, Delhi. After sustained interrogation of above
mentioned accused persons, the master mind namely Suraj Bhan s/o Jage Ram r/o
H.No. 55, Deendar Pur, PS Chhawla, New Delhi who forged the signatures of
complainant has also been arrested.
Accused arrested:
The following accused persons have been arrested:
1. Vijender Kumar @ Mohd. Illiyas s/o Mohd. Islamuddin r/o 163, Deendar Pur,
P.S. Chhawla, New Delhi.
2. Sanjay Kumar s/o Dayanand r/o 199, Deendar Pur, P.S. Chhawla, New Delhi.
3. Suraj Bhan s/o Jage Ram r/o H.No. 55, Deendar Pur, PS Chhawla, New Delhi.
Previous involvements:
The accused Suraj Bhan has been earlier arrested in the following cases:
1. FIR No. 253/07 u/s 323/341/506/34 IPC, PS Vasant Vihar, Delhi.
2. FIR No. 385/07 u/s 323/341/283/427/506 IPC, PS Sadar, Bahadurgarh
(Haryana).
3. FIR No. 144/07 u/s 307/34 IPC, PS Najafgarh, Delhi.
Accused Sanjay Kumar has been earlier arrested in the following cases:
1. FIR No. 385/07 u/s 323/341/283/427/506 IPC, PS Sadar, Bahadurgarh
(Haryana).
2. FIR No. 287/04 u/s 147/148/149/323/348/506 IPC PS Najafgarh, New Delhi.
Accused Vijender Kuar @ Mohd. Illiyas has been arrested in the following
cases:
1. FIR No. 1149/04 u/s 379 IPC, PS Kalka Ji, Delhi.
2. FIR No. 90/05 u/s 457/380 IPC, PS Najafgarh, Delhi.
3. 471/05 u/s 379/411 IPC PS Bhanpura, Delhi.
4. FIR No. 315/05 u/s 468/471/411 IPC, PS Bhajan Pura, Delhi.
16st August, 2013

Eleven persons including seven Nigerian nationals arrested in Net-banking
Fraud and fake lottery scams!
The Nigerians found staying in India without valid visa!
User IDs and Passwords of bank accounts hacked to facilitate fraudulent etransfers!
Fake lottery/prize-money e-mails were sent to dupe people!
7 laptops, 24 mobile phones, 22 SIM Cards,6 Data Cards, 4 Pen Drives, 5
Passports with expired Indian Visa, 6 Fake Driving Licenses recovered!
______________________________________________________________________
The Cyber Crime Cell of Economic Offences Wing (EOW) of Delhi Police has arrested
the following eleven persons in Net Banking Fraud and fake lottery scams:
1. Austine Ikechukwu s/o Ugbaja R/O RZ- 48/9, 3 rd Floor, Surya Apartment, Gali No. 12,
TughlakabadExtn. New Delhi. Age 39 Yrs (Nigerian national).
2. Nwanyanwu Sabinus Oyeyechnkwn @ Onii s/o Peter R/O RZ- A 99/12, 1st Floor, Left
Side Back Portion, Gali No. 12, Tughlakabad Extn. New Delhi. Age 28 Yrs
national).
(Nigerian
3. Ekene Frankline Amanambu s/o Ekene R/o RZ-A/99, First Floor, Gali No. 12, Tuglakabad
Extn. New Delhi and permanent address: Imo State, Owerri, Nigeria Age 23 Yrs (Nigerian
national).
4. Henry Chibuzor s/o Osuigidi R/o RZ-A/99, First Floor, Gali No. 12, Tuglakabad Extn. New
Delhi and permanent address: Imo State, Owerri, Nigeria. Age 23 Yrs (Nigerian national).
5. Jonathan Ekemita s/o Ekemita R/o 9/8, Gali No. 12, IIIrd Floor, Tuglakabad Extn. New
Delhi and permanent address: 84B, Owina Street, Benin city, Nigeria, Age 35 Yrs (Nigerian
national).
6. Chijioke Augusutus s/o Okechukwn R/o RZ- A/99, First Floor, Gali No. 12, Tuglakabad
Extn. New Delhi and permanent address: Imo State, Amiyi Umuarka, Age 33 Yrs (Nigerian
national).
7. Uchechukwu Cajetan s/o Iwuoha R/o RZ- A/99, First Floor, Gali No. 12, Tuglakabad Extn.
New Delhi and permanent address: Imo State, No. 22 Amiyi Umuaka, Age 27 Yrs (Nigerian
national).
8. Abhijit Sharma s/o Late Sh. Chander Prakash Sharma R/o T-466 B, Third
Floor, Baljeet
Nagar New Delhi. Age 31 Yrs.
9. Lalit Malhotra s/o Sh. Gulshan Kr. Malhotra, R/o T-650, 3rd floor, Baljeet Nagar, Delhi -08.
Age 27 Yrs.
10. Ganga Arora @ Gagan Deep Arora s/o Late Sh. Ram Arora, R/o 5/81, DDA Flats,
Madangir, Delhi also at H. No. 877,Sector 15 A, Faridabad, Haryana. Age 32 Yrs.
11. Ved Prakash @ Vicky s/o Sh. Ram Lal, R/o H.No. 3335, Mahindra Park, Rani Bagh, Delhi
Age 34 Yrs.
A case FIR No. 105/13 u/s 420/120-B IPC r/w 66/66C IT Act, PS EOW was registered
on 06.05.2013 on the complaint of Sh. Manish Kumar Jain, Director Siddharth Polychem India
Pvt. Ltd., Ocean Plaza Building, Sector -18, Noida, UP. In the complaint, it was alleged that 27
unauthorized online transactions were carried out by some unknown persons from their
companys bank account in M/s Kotak Mahindera Bank, Karol Bagh. Through this fraudulent
transfer, around Rs. 53 lakhs were siphoned off into 12 different bank accounts being maintained
in different cities across India.
Earlier another case FIR No. 120/13 dated 15/05/2013 u/s 420/511 IPC & 66A/ 66C IT
Act had been registered on the complaint of Ms Anandi Paswan, Manager, Reserve Bank of
India, New Delhi. It was alleged in the complaint that the name of RBI was being used in fake
and fictitious offers of remittances of funds from abroad. It was alleged that RBI had been
receiving several letters, emails & phone calls from various persons regarding awarding of prize
money/lottery of huge amount in foreign currency from abroad. The fake mails claimed that this
prize money had been deposited with Reserve Bank of India in accounts favoring the recipients.
Further, fictitious certificates of deposit, purported to have been issued by RBI, were sent to the
recipients, by the fraudsters.
Investigation of another similar case FIR No. 238/12 dated 18/10/2012 u/s
420/120B IPC, 66A/66C IT Act, P.S. Bharat Nagar, Delhi had also been taken up in
the Cyber Cell of EOW. In the said case, the complainant had received an e-mail
through mail ID rbionline5@live.com stating that RBI had scheduled to reimburse the
payment of unclaimed assets for which he was one of the beneficiaries. The complainant
then deposited about Rs 14 lacs into various accounts for the release of the said
remittances, before he realized that he had been duped.
Keeping in mind the similarities of the modus operandi of the crimes, a special team from
the Cyber Crime Cell, EOW comprising of ACP Sh. Hareesh H.P., Insp Yogesh Malhotra, SI
V.P.S.Kasana, SI K.L.Yadav, SI Anil Malik, ASI Sunil Malik, HC Mahesh, HC Ramniwas,
Ct Rahul, Ct Ravinder, Ct Randeepand and Ct Bheem under was set up under close
supervision of DCP/EOW Sh. S.D.Mishra to work out the cases.
During investigation, it was revealed that in FIR No. 105/13 the account details of the
victim were hacked by some unknown persons using Proxy servers operating in US and money
sent to 12 different beneficiary accounts. The account opening forms and bank statement
pertaining to all of the beneficiaries were scrutinized. All the addresses of these accounts were
found fake. However, following other clues and through persistent and sustained efforts, the
special team could reach one of the accused persons namely Lalit Malhotra @ Lucky who was
one of the account holders and he was arrested on 08.08.2013. On the instance of Lalit, one more
beneficiary account holder in the case i.e. Ganga Arora @ Gagan Deep Arora was arrested on
09.08.2013. Ganga Aroras arrest led to the arrest of one Ved Prakash on 10.08.2013, who used
to collect fraudulent money from Lalit and Ganga Arora. Another person by the name of Abhijit
Sharma, who was also recruiting such account holders was arrested on 12.08.2013. Their
interrogation revealed that main master minds of this inter-state racket were Sonu @ Sahil S.
Poddar and Vijay Grover, both residents of Mumbai. It was also revealed that some Nigerian
nationals based in the area of Tughlaqabad Extension were also involved in this racket. These
Nigerians apparently did the hacking and obtained user ids and passwords of the victim bank
accounts. They also indulged in fake lottery scams.
Modus Operandi:
The accused persons operated as a team. The Nigerian nationals would hack the user id
and password of various bank accounts of Indians and then pass on this information to Sonu and
Vijay Grover. Thereafter Sonu through his other accomplices would siphon off the money
fraudulently in different accounts. These accounts used to be on fake identities or of people who
agreed to lend their accounts to Sonu and Vijay on commission. In the instant case, the account
holder provided ATM cards with PIN of such accounts to Ved Prakash, Lalit and Abhijit for
withdrawal of the fraudulent money. Separately, these Nigerian nationals also indulged in fake
lottery scams, sending fake emails on behalf of RBI, BMW and Maruti etc.
Profile of accused persons:

1. Abhijit Sharma S/o Late Sh. Chander Prakash Sharma R/o T-466 B, Third Floor,
Baljeet Nagar New Delhi ( Age -31 Yr).
He hails from Kolkata and is a B.Com. from St. Xaviers College, Kolkata. He did not get
any job and came to Delhi in 2005. He did jobs of Sales Executive in different Insurance
Companies. While working in these firms he met one Ved Prakash in Jan 2009 and they
become friends. Later in the year 2012 when he lost his job he approached Ved Prakash
for financial help. Ved Prakash introduced him to his cousin brother Vijay Grover and
later on to Sonu @ Sahil Sanjiv Poddar. Ved Prakash used to work for Sonu and Vijay
Grover in Net Banking Fraud and Fraudulent transfer of money. He also inducted Abhijit
in this illegal trade. His work was to arrange bank accounts in which they could transfer
the money by hacking ids and passwords of the bank accounts. Abhijeet arranged his
friends bank accounts i.e. of Lalit Malhotra and Ganga @ Gagan Deep Arora. Some part
of the money of the complainant of this case was transferred in the account of Lalit
Malhotra as well as Ganga. These account holders used to withdraw the money and gave
it to Abhijeet and Ved Prakash, who then used to deposit the money in the account of
Sonu or Vijay Grover or in the account as told by Sonu through SMS to him. Sonu also
had sent Abhijit to work for directly some Nigerians nationals, who were in the racket of
lottery scams through internet.
2. Ved Prakash @ Vicky S/o Sh. Ram Lal, R/o H.No. 3335, Mahindra
Park,
Rani
Bagh, Delhi. (Age - 34 Yr).
He originally belongs to Delhi. He has done BA second year from DU. He was into the business
of loans. His maternal cousin Vijay Grover, living in Mumbai, induced him to work with him in
the fraudulent transfer of money through net banking. Basically he acted as a collector of money
for Sonu and Vijay Grover.
3. Ganga Arora @ Gagan Deep Arora s/o Late Sh. Ram Arora, R/o 5/81, DDA Flats,
Madangir, Delhi also at H.No. 877,Sector 15 A,
Faridabad, Haryana.Age 32 Yr.
He is a B.Com from Farukhhabad, UP. He used to work for Global HBL Pvt. Ltd. as sales
executive and as sales manager in Earth Infrastructure Pvt. Ltd. In the month of March 2013 he
came in contact with Lalit Malhotra, who inducted him in the fraud by letting his bank account to
be used for transfer of money.
4. Lalit Malhotra S/o Sh. Gulshan Kr. Malhotra, R/o T-650, Third Floor, Baljeet Nagar,
Delhi -08. Age 27 Yr.
A BA pass from Satyawati college of DU. In the month of August 2012, he spent some time with
Abhijit Sharma during a training session of Bharti Axa Life Insurance at Gurgaon. Since Abhijit
was in search of bank accounts for Sonu and Vijay Grover, so he roped Lalit into this business,
who provided his two accounts for fraudulent transfer of money.
5. Chijioke Augusutus S/o Okechukwn R/o RZ- A/99, First Floor, Gali No. 12, Tuglakabad
Extn. New Delhi and permanent address: Imo State, Amiyi Umuarka, Age 27 yr. (Nigerian
national).
He came to India on 03-10-2011 on a medical visa from 12-09-2011 to 12-12-2011. After coming
to India he never returned back. He has studied up to class six in Nigeria. In India he started
living in Tughlakabad area. A laptop, a pen drive and two mobile phones have been recovered
from him. The laptop and pen drive recovered from him contained the contents of emails which
are being received by many victims for winning a lottery on the letter heads of RBI, BMW,
Maruti etc.
6. Uchechukwu Cajetan S/o Iwuoha R/o RZ- A/99, First Floor, Gali No. 12, Tuglakabad
Extn. New Delhi and permanent address: Imo State, No. 22 Amiyi Umuaka, Age 33 yr.
(Nigerian national).
He came to India on 28-03-2013 on a medical visa from 08-03-2013 to 07-05-2013. After
coming to India he did not return back. He has studied up to class six in Nigeria. A laptop, a pen
drive, one Data card and one mobile phone have been recovered from him. The laptop and pen
drive recovered from him contained the contents of emails which are being received by many
victims for winning a lottery on the letter heads of RBI, BMW, Maruti etc.
7. Austine Ikechukwu S/o Ugbaja R/O RZ- 48/9, 3 rd Floor, Surya Apartment, Gali No. 12,
Tughlakabad Extn. New Delhi. Age 39 Yr. (Nigerian national).
He came to India in Dec. 2009. He has presently no passport with him. He has studied up to class
ten in Nigeria. From him one laptop, five mobile phones, one Data Card, One WLL Reliance
phone, 22 SIM Cards, 6 Fake Driving Licenses, three cheque books have been recovered. The
laptop recovered from him contained the contents of emails which are being received by most of
the victims for winning a lottery and many forms/Letters in the name of RBI were present in it.
8. Nwanyanwu Sabinus Oyeyechnkwn @ Onii S/o Peter R/O RZ- A 99/12, 1st Floor, Left
Side Back Portion, Gali No. 12, Tughlakabad Extn. New Delhi. Age 28 Yr.(Nigerian
national).
He came to India on 03-12-2010. He had a business visa from 22-10-2010 to 22-12-2010. After
coming to India he did not return back. He has studied up to class six in Nigeria. Here he started
living with his brother Frank in Tughlakabad area who was in the trade of hacking user id and
password of the bank accounts along with Austine. From him a laptop, one Data card and two
mobile phones have been recovered. The laptop recovered from him contained the contents of
emails which are being received by most of the victims for winning a lottery on the letter heads of
RBI, BMW, Maruti etc.
9. Ekene Frankline Amanambu S/o Ekene R/o RZA/99, First Floor, Gali No. 12, Tuglakabad
Extn. New Delhi and permanent address: Imo State, Owerri, Nigeria Age 23 Yr. ( Nigerian
national).
He came to India in Sept 2011 on a medical visa for three months. After coming to India he did
not return back and was staying without any valid Visa/travel documents He has studied up to
class six in Nigeria. A laptop, a pen drive, and five mobile phone have been recovered from him.
The examination of the Laptops and Pen drives revealed that forms/Letters in the name of RBI
were present in them.
10. Henry Chibuzor S/o Osuigidi R/o RZA/99, First Floor, Gali No. 12, Tuglakabad Extn.
New Delhi and permanent address: Imo State, Owerri, Nigeria. Age 23 yr.
(Nigerian
national).
He came to India in May 2012 on a medical visa for three months and was presently staying
without any valid Visa/travel documents He has studied up to class six in Nigeria. He is also a
mobile/ laptop mechanic. A laptop, one Data card and four mobile phones have been recovered
from him. The examination of the Laptop revealed that many forms/Letters in the name of RBI
were present in them.
11. Jonathan Ekemita S/o Ekemita R/o 9/8, Gali No. 12, IIIrd Floor, Tuglakabad Extn. New
Delhi and permanent address: 84B, Owina Street, Benin city, Nigeria, Age 35 yr (Nigerian
national).
He came to India in April 2012 on a business visa for three months. He has studied up to class
six in Nigeria. He is a football player. Here he started living in Tughlakabad area and indulged in
the trade of hacking user id and password of the bank accounts and lottery scams. A laptop, a pen
drive, one Data card and four mobile phones have been recovered from him. The examination of
the Laptops and Pen drives revealed that many forms/Letters in the name of RBI were present in
them.
These Nigerian nationals also kept scanned copies of their visas with alteration in expiry
date to fool others.
Further investigation of the cases is on.
23rd July, 2013

ONE ARRESTED FOR SELLING GOVERNMENT LAND AND
OTHER PRIME PROPERTY ON FAKE DOCUMENTS!
The Economic Offences Wing, Crime Branch, Delhi Police has

arrested a cheat Pawan Solanki (38 yrs) s/o Sh. Chander Bhan
Solanki r/o B-187, Sec. 50, NOIDA, UP for duping a businessman
on the pretext of selling him prime properties in the area of
Jorbagh and Mayfair Garden on the basis of forged/fake
Agreements to Sell/Sale deeds.
The complainant Sh. Ajay Chaudhary r/o Vasant Kunj, New
Delhi had reported that the accused Pawan Solanki alongwith other
co-accused persons had entered into an Agreement to Sell with him
in respect of properties in the area of Jorbagh and Mayfair Garden
for a consideration of Rs. 20 Crores. He was shown the
documents having signatures and stamps of DDA officials and he
paid the money believing these documents to be genuine.
On the complaint of Sh. Ajay Chaudhary a case FIR No.
34/12 u/s 420/467/468/471/120-B IPC P.S. EOW was
registered and investigation taken up by Inspr. Ajay Kumar. The

investigation revealed that the property in the area of Jorbagh
was a Govt. land and in the possession of Ministry of Civil
Aviation. In the absence of any construction on the site,
complainant fell into trap of the accused, believing the forged
documents to be genuine.
In respect of the second property at Mayfair Garden, the DDA
had cancelled the allotment to the first owner and allotted in the
name of second buyer. However, the accused fabricated
documents and projected as if the property was restored to the
first allottee and got the sale deeds executed in favour of the
complainant. Investigation revealed that all the documents related
to the restoration of the property were forged. During police
custody remand, the accused Pawan Solanki disclosed the name of
his accomplices and raids are being conducted to nab other
accused persons. The accused has now been remanded to judicial
custody.
21st JUL, 2013

THREE ARRESTED FOR RUNNING A FAKE RECRUITMENT RACKET IN
C.I.S.F. !
ACCUSED MASQUERADED AS C.I.S.F. OFFICIALS TO SNARE VICTIMS
MOVED IN UNIFORM, WHITE GYPSY AND CARRIED WIRELESS
SETS
FAKE C.I.S.F. WEBSITE CREATED AND FALSE RESULTS UPLOADED!
UPTO Rs TWO LAKH PER PERSON COLLECTED !
The Cyber Cell of Economic Offences Wing (EOW) of Delhi Police has
arrested three persons in a fake recruitment racket:
12. Jaswant Singh (42 yrs) s/o Teja Singh r/o Sherawala Gate,
Dashmesh Nagar, PS Kotwali, Amritsar.
2. Baljeet Singh (59 yrs) s/o Preetam Singh r/o Village Mamka, PS
Ranjit Singh Pura, Jammu.
3. Parvinder Singh (36 yrs) @ Raj Singh Maan @ Raje s/o Trilok
Singh r/o 19 Prem Nagar, Anupgarh Ward no. 13, Sriganganagar,
Rajasthan
Presently they were all staying together at D-104/105, 1 st Floor, JJ Colony,
Sec-24, Rohini, New Delhi. They used to target unemployed youth with the
promise of getting them employed in Central industrial Security Force (CISF).
A complaint was received by a victim Ms. Shiv Kumari, a national level
boxer from Chandigarh, in the Cyber Cell EOW alleging therein that she was
induced to pay Rs 1 lakh in Delhi on the false promise of a direct recruitment
in CISF against sports quota. She was also shown the result on afake
websitewww.cisfrecruitment.in . She was also given a fake appointment letter
and told to join the CISF National Training Center in Hyderabad. However when
she reached Hyderabad she was told that the said letter was fake. She then
approached the CISF Headquarters in Delhi who referred her to the EOW unit of
Delhi Police. An FIR No. 154/13, u/s 420/468/471/120-B IPC PS EOW was
registered on basis of her complaint. A special team comprising of SI Anil Malik,
ASI LeelaDhar, HC Ram Niwas, HC Mahesh, Ct. Bheem and CtVinay of
Cyber Crime Cell, EOW was formed to work on this case. Shri S. D. Mishra,
DCP EOW closely supervised the investigation of this case and the entire
operation.
During investigation, it revealed that the victim Ms Shiv Kumari had paid money
to the accused persons at the New Delhi Railway Station waiting room. The CCTV
footage was obtained and analyzed. In the CCTV footage all the three accused could
be clearly seen with wireless sets in their hands and one person walking with the help
of a stick. This as well as a quick follow up on the registration details of the gypsy and
mobile phones used in the crime revealed the identities of the accused persons. Raids
were conducted at all the hide outs of the suspects. The accused had been changing
their addresses and mobile numbers quite frequently to avoid arrest. Through pain
staking and sustained efforts the whereabouts of the accused persons were traced to
Rohini, Delhi. A trap was laid and two accused persons Jaswant Singh and Baljeet Singh
were arrested from Sec. 24 JJ Colony, Rohini, Delhi on 18.7.13. Their interrogation
further led to arrest of Parvinder Singh @ Raj Singh Mann @ Raje from outside New
Delhi Railway Station Metro on 20.7.13.
Modus Operandi:
The accused persons operated as a team. They usually picked up victims
while traveling on trains. They used to carrywalky-talkies, fake ID cards and
also wore CISF uniforms while travelling in the trains too, so as to convince
their victims that they actually worked in CISF.They targeted the unemployed
youths of rural areas. They also had a white Gypsy with beacon, which they
later disposed. The victims were told that they will get employed with CISF
through their contacts in CISF. They also created a fake CISF web site to in
which victims details were uploaded in a manner to indicate that they have been
selected for employment in CISF. They also used to generate fake appointment
letters and hand it over to the victims in exchange of large sums of money.
Investigations revealed that they had duped at least 6 victims this year and 11
victims in the year 2012 using the same modus operandi. Apart from this, as
many as 23 victims applications were under process from whom they had
taken token money.
Previous Cases registered against accusedInvestigations reveal that the following cases have been registered against the
accused persons in various States :
(1)
(2)
(3)
(4)
FIR No. 29/2009 u/s 170/468/471/419/420/34 IPC PS Mahindra Park,

Delhi Jaswant Singh was caught and later convicted in this case for
impersonating as a CISF sub-inspector, moving around in CISF uniform.
He remained in jail for one and a half years.
FIR No. 179/13 u/s 420/467/468/471 IPC, PS Utai, Durg, Chhattisgarh
Case registered in connection with the same recruitment scam.
FIR No. 345/13 u/s 417/420/467/468/471 IPC, PS Barwaha, Distt.
Khargone, Madhya Pradesh - Case registered in connection with the
same recruitment scam.
FIR No. 92/12, u/s 468/471/417/420/140 IPC, PS Thakkolam, Distt.
Vellore, Tamil Nadu Same CISF recruitment scam. Parvinder Singh (36
yrs) @ Raj Singh Maan @ Raje was arrested in this case and remained in
jail for about 6 months.
Profile of accused persons:

(1) Jaswant Singh s/o Teja Singh r/o D-104/105, IstFlr, JJ Colony, Sec24, Rohini, New Delhi (age 42 yrs). He hails from Dhasmesh Nagar,
Amritsar, Punjab. He is 7th pass. He has come from Punjab to Delhi 15/20
yrs back. He has been doing the job of driver in different pvt.travel agencies
in Delhi. He had also worked for CISF as a driver of private hired vehicle at
Rithala Metro Stn.New Delhi in the year 2008, where he observed the
functioning of CISF closely.After that he started wearing the uniform of a
Sub-Insp, of CISF and was arrested by the police of PS Mahindra Park,
New Delhi in 2009 for this offence and remained in jail for about one
and half years. After releasing from jail he formed the racket of fake job
recruitment and started cheating unemployed youth from all over India. A few
years back, he suffered a road accident and now moves with the help of a
stick.
(2) Baljeet Singh s/o Preetam Singh r/o D-104/105, IstFlr, JJ Colony, Sec24, Rohini, New Delhi(Age 59 yrs) originally belongs to Mamka, Teh. R S
Pura, Distt. Jammu. He is 9th pass from Jammu. He is ex-Ct. of BSF. He has
served in BSF from 1971 till 1978. After that he visited South Korea,
Malaysia, etc in search of a job. On one of his visits to Delhi, he met
Jaswant Singh in the area of Paharganj and started working for
Jaswant Singh as part of his gang. He used to lure the youths of rural
area for employment in CISF.
(3) Parvinder Singh @ Raj Singh Maan @ Raje s/o Trilok Singh r/o H. No.
D-104-105, J.J Colony, Rohini, Delhi (Age36 yrs) originally belongs to
Ajmer Rajasthan. He has done his M.A (Sociology) from MDS University,
Ajmer, Rajasthan. He was teaching in a private school at Sriganganagar,
Rajasthan. He came in touch with Jaswant Singh about 4 years back. After
that he became the member of his group and started cheating people. He
use to arrange all required logistics e.g fake documents, prints, stamps, fake
website for the group. He used to wear the uniform of Head Constable,
CISF in the name of Raj Singh Maan. He also had procured a fake ID card
in this name and rank. He was earlier arrested by the police of PS
Thakkolam, Vellore, Tamil Nadu and remained in jail for about 06 months.
After being released from jail healongwith his other associates continued with
the racket of fake job recruitment and cheating unemployed youth from all
over India. Recently he fell out with Jaswant Singh over distribution of money
and has started his own gang. He managed to snare in 23 applicants for his
next fake recruitment drive and had already collected application forms,
educational documents alongwithRs 3000/- each from each applicant as
application fee. He was to arrange fake Interview sessions for the targeted
candidates and for this he had already booked a room at YMCA Hostel, Jai
Singh Road, New Delhi in the name of Baljeet Singh for 22/07/2013.
Further investigation of the case is on.
18th July, 2013

THREE DIRECTORS OF A BUILDER COMPANY ARRESTED!
THE COMPANY OFFERED FLATS AT SONIPAT WITH CLUB,
SWIMMING POOL & OTHER FACILITIES WITHOUT HAVING
ANY LICENSE/ PERMISSION FROM THE GOVT. AUTHORITIES!
INVOLVED IN CHEATING 200 (APPROX) VICTIMS ON THE

PRETEXT OF ALLOTMENT OF FLATS!

arrested three accused persons namely Ajay Kumar Singhal,
Pankaj Kapoor & Manoj Kumar Goyal directors of M/s Jindal
Realcon Pvt. Ltd. who have been found involved in cheating the
general public on the pretext of allotment of flats at Sonipat,
Haryana.
The accused started collecting payments from the
investors and cheated about 200 investors of their hard earned
money to the tune of over 10 crore rupees.
The details of the arrested persons are:(1)
(2)
(3)
Ajay Kumar Singhal (49 yrs.) s/o Sh. Roshan Lal r/o
Flat No. 1673, Neelkanth Apptt., Sector 13, Rohini,
Delhi - Commerce Graduate from Delhi University.
Pankaj Kapoor (49 yrs.) s/o Sh. Ramesh Chand Kapoor
r/o D-16, Adarsh Apptt., Sector 9, Rohini, Delhi - Post
Graduate and MBA.
Manoj Kumar Goyal (43 yrs.) s/o Late Sh. Sita Ram
Goyal r/o 56 A, Suraj Nagar, Azad Pur, Delhi Commerce Graduate from Delhi University and LLB.
The accused persons who had no previous experience of

construction business started functioning from a rented premises
at 13th floor, Bigjos Tower, Pitam Pura Delhi, in December 2005.
Thereafter, they cheated the public at large by offering attractive
and lucrative scheme on the pretext of developing township in the
name of Jindal Green at Sonipat (Haryana). The accused
persons collected the payment, since February 2006 from about
200 victims on the false assurances/ promises without having any
license/ approval from the Govt. Authorities. Later-on, the accused
persons closed down their offices and were not traceable at their
known addresses. The victims were running from pillar to post and
making efforts to recover their deposit amount but there was no

one to give them proper reply. The accused persons had promised
to handover the built flats with modern facilities within three years
of receipt of payment but till date no construction at the site has
started.
The present case FIR No. 228/11 U/s 406/409/420/120B
IPC P.S. Economic Offences Wing, Crime Branch New Delhi was
registered on the complaint of Sh. Hari Om Goyal, one of the
investors. The complainant reported that M/s Jindal Realcon Pvt.
Ltd, through brokers and advertising material had invited the
booking for allotment of flats, with modern facilities in their
upcoming project known as Jindal Green at Sonipat, Haryana.
Allured by the false promises & representations of the accused
persons, a large number of investors made initial payments to M/s
Jindal Realcon Pvt. Ltd. However, it was later-on found by the
complainant that the alleged company was not granted any
permission / license by the Town & Country Planning Department,
Haryana and therefore had illegally collected payment from the
investors. Subsequently, these investors/ victims applied for refund
of their invested money but the Directors of the company refused to
return the same and thereafter were not available.
This case was taken up for investigation by the Anti Land &
Building Racket Section in EOW and the land (13 acres) situated at
Village Raipur, Sonipat, Haryana purchased by the accused
persons from the cheated amount was got attached.
On
10.07.2013, acting on a tip off, a team consisting of Inspr. Rakesh
Ahuja, ASI Jagmohan and Ct. Ramesh arrested these three
accused persons from Delhi in FIR No. 228/11 PS EOW. Further
investigation of the case is in progress.
There is another case registered vide FIR No. 192/12 u/s
403/405/406/415/420/423/506/120-B IPC PS Paschim Vihar
(transferred to EOW) against these accused persons on the
complaint of M/s GTM Builders and Promoters Pvt. Ltd., wherein it
is alleged that M/s Jindal Realcon Pvt. Ltd. obtained Rs. 4 Crores
from M/s GTM Builders and Promoters Pvt. Ltd. with the
understanding to use the said money for refunding to the investors
which was not done and instead the funds were misappropriated.
Investigation of the said case is also in progress.
18th July, 2013

THREE DIRECTORS OF A BUILDER COMPANY ARRESTED!
THE COMPANY OFFERED FLATS AT SONIPAT WITH CLUB,

SWIMMING POOL & OTHER FACILITIES WITHOUT HAVING
ANY LICENSE/ PERMISSION FROM THE GOVT. AUTHORITIES!
INVOLVED IN CHEATING 200 (APPROX) VICTIMS ON THE

PRETEXT OF ALLOTMENT OF FLATS!

arrested three accused persons namely Ajay Kumar Singhal,
Pankaj Kapoor & Manoj Kumar Goyal directors of M/s Jindal
Realcon Pvt. Ltd. who have been found involved in cheating the
general public on the pretext of allotment of flats at Sonipat,
Haryana. The accused started collecting payments from the
investors and cheated about 200 investors of their hard earned
money to the tune of over 10 crore rupees.
The details of the arrested persons are:-
(1) Ajay Kumar Singhal (49 yrs.) s/o Sh. Roshan Lal
r/o Flat No. 1673, Neelkanth Apptt., Sector 13, Rohini,
Delhi - Commerce Graduate from Delhi University.
(2) Pankaj Kapoor (49 yrs.) s/o Sh. Ramesh Chand
Kapoor r/o D-16, Adarsh Apptt., Sector 9, Rohini, Delhi
- Post Graduate and MBA.
(3) Manoj Kumar Goyal (43 yrs.) s/o Late Sh. Sita
Ram Goyal r/o 56 A, Suraj Nagar, Azad Pur, Delhi Commerce Graduate from Delhi University and LLB.
The accused persons who had no previous experience of
construction business started functioning from a rented premises
at 13th floor, Bigjos Tower, Pitam Pura Delhi, in December 2005.
Thereafter, they cheated the public at large by offering attractive
and lucrative scheme on the pretext of developing township in the
name of Jindal Green at Sonipat (Haryana). The accused
persons collected the payment, since February 2006 from about
200 victims on the false assurances/ promises without having any
license/ approval from the Govt. Authorities. Later-on, the accused
persons closed down their offices and were not traceable at their
known addresses. The victims were running from pillar to post and
making efforts to recover their deposit amount but there was no
one to give them proper reply. The accused persons had promised
to handover the built flats with modern facilities within three years
of receipt of payment but till date no construction at the site has
started.
The present case FIR No. 228/11 U/s 406/409/420/120B

IPC P.S. Economic Offences Wing, Crime Branch New Delhi was
registered on the complaint of Sh. Hari Om Goyal, one of the
investors. The complainant reported that M/s Jindal Realcon Pvt.
Ltd, through brokers and advertising material had invited the
booking for allotment of flats, with modern facilities in their
upcoming project known as Jindal Green at Sonipat, Haryana.
Allured by the false promises & representations of the accused

persons, a large number of investors made initial payments to M/s
Jindal Realcon Pvt. Ltd. However, it was later-on found by the
complainant that the alleged company was not granted any
permission / license by the Town & Country Planning Department,
Haryana and therefore had illegally collected payment from the
investors. Subsequently, these investors/ victims applied for refund
of their invested money but the Directors of the company refused to
return the same and thereafter were not available.
This case was taken up for investigation by the Anti Land &
Building Racket Section in EOW and the land (13 acres) situated at
Village Raipur, Sonipat, Haryana purchased by the accused
persons from the cheated amount was got attached. On
10.07.2013, acting on a tip off, a team consisting of Inspr. Rakesh
Ahuja, ASI Jagmohan and Ct. Ramesh arrested these three
accused persons from Delhi in FIR No. 228/11 PS EOW. Further
investigation of the case is in progress.
There is another case registered vide FIR No. 192/12 u/s
403/405/406/415/420/423/506/120-B IPC PS Paschim Vihar
(transferred to EOW) against these accused persons on the
complaint of M/s GTM Builders and Promoters Pvt. Ltd., wherein it
is alleged that M/s Jindal Realcon Pvt. Ltd. obtained Rs. 4 Crores
from M/s GTM Builders and Promoters Pvt. Ltd. with the
understanding to use the said money for refunding to the investors
which was not done and instead the funds were misappropriated.
Investigation of the said case is also in progress.
29th June 2013
Two Realtors arrested for cheating investors in residential township projects
ofNavi Mumbai by the names Bollywood City and Amara Retreat.

PavanDatta and Gagan Deep Chawla,Directors of Real Estate Developer
Company Lakshish Infrastructure cheated hundreds of investors of over Rs. 18
Crores.
Used cheated amount for purchase of property in personal names.
A case videFIR No. 215/11 dt. 01.11.2011 u/s 406/409/420/467/468/471/120-B

IPC PS EOW was registered on the complaint of a senior citizen who had invested Rs.
15 lacs in the upcoming residential township project off Mumbai-Pune Expressway
in Maharashtra.The accused PavanDattaand his associateGagan Deep Chawla had
floated one partnership firmLakshish Infrastructure & Town Planners and one
company named M/s Lakshish Habitats Ltd. Two residential township projects namely
Bollywood City and Amara Retreat were proposed by the said firm and company.
They published luring brochures and presented the customers with rosy picture of the
proposed projects. World class luxuries along with other amenities were promised
without having the necessary approvals for the development of township project.Accused
PavanDatta, Chairman & Managing Director of Lakshish Group gave interviews in the
leading business journals making tall claims about the integrated township projects
proposed by the alleged companies in Maharashtra.
The investors were lured to invest in the projects with the assurance that the land
will be purchased in their names and they will be handed over developed plots and flats
following the execution of a Development Agreement with them. However, only about 10
acres of land was purchased in the names of some of the investors and more than 100
acres of land was purchased in the names of the Directors/partners themselves and their
family members. Over Rs. 18 Crores were collected from hundreds of the investors of
both the projects and the money was misappropriated by the directors of the alleged
companies. No approvals and permission for land usage were obtained from the
authorities. When the investors started making enquiring about the delivery of the
flats/plots,the accused fled afterclosing the offices of the companies.
Investigation:
The investigation of the case was taken up by the Anti Land and Building Racket
section of EOW and a team comprising of SI SatyaPrakash, SI Rajvir Singh, SI
Ramesh Kumar and Ct. Mukesh Kumar was formed. The team kept surveillance on
the movement of accused which resulted in arrest of the two accused from Delhi. During
investigation it was found that the accused had withdrawn huge amounts in cash from the
bank accounts of the alleged companies.The affairs of the alleged company M/s Lakshish
Habitats Ltd. were also investigated by Serious Frauds Investigation Office, Ministry of
Corporate, Govt. of India on the orders of Honble Delhi High Court.
As much as 153 acres of land purchased by the accused persons in District
Raigad, Maharashta in their individual names or in the names of their family members
and othershas been identified and freezed. Further diversion of funds is being
ascertained.
Profile of the accused:
1. PavanDatta (age-52 years) s/o Sh. Guru DuttDattaR/o D-5/9, DLF, Phase-I,
Gurgaon (Haryana) after completing his MBA in Marketing started with a job
with Crompton Greaves. Later on he started his own business of trading and
manufacturing electronic goods components. The boom in the real estate sector in
year 2005-06 shifted the over-ambitious PavanDattas focus to exploit the
situation and he launched these township projects in Navi Mumbai area.
2. Gagan Deep Chawla (age-42 years) s/o Late Sh. Mela Ram Chawla R/o C-3,
2nd Floor, JangpuraExtn., New Delhi is Commerce Post Graduate. He was a
freelance real estate consultant and broker. In year 2005 he started the business of
real estate developer in association with PavanDatta, who is his distant relative
also. Later, after abandoning the Mumbai projects and parting ways with
PavanDatta he engaged in business of freelance property dealer.
Modus Operandi:
The accused with their marketing skills lured the investors to invest in the
proposed projects and collected booking amount and advance payment on pre-launch
basis. Land was purchased in the name of some initial investors, most of whom were
their friends and acquaintances only. Once the project received a good response, they
misappropriated the further collected money by purchasing land in individual names of
the directors and their family members. Neither any approvals were obtained nor any
development work was commenced for the proposed projects.
Further investigation of the case is in progress.
16th June, 2013
TWO BUSINESSMEN
FROM MAHARASHTRA ARRESTED FOR
DUPING IFCI OF Rs. 5 CRORES!
BOTH
ARE
DIRECTORS
OF
COMPANIES
TRADE/MANUFACTURE OF EDIBLE OILS!
THE COMPANIES COLLUDED TO
WORKING CAPITAL LOAN FROM IFCI!
DEALING
FRAUDULENTLY
IN
OBTAIN
SHOWED DOCUMENTS OF NON-EXISTENT TRADE BETWEEN

THEMSELVES BY FABRICATING TRANSPORT BILLS, INVOICES,
RECEIPTS AND ACCOUNTS !
A case vide FIR No. 116/12 dated 31.08.2012 u/s 420,406,409,467,468,471,477A,120-B IPC, PS. EOW case was registered on the complaint of Sh. Tapabarata
Mohitra, Sr. Associate Vice-President, IFCI Ltd.(Industrial Finance Corporation of
India). As per the compliant, one M/s Maven Industries Ltd had approached the IFCI
for grant of domestic factoring facility. The Director, Ashok Kumar Rathi of M/s
Maven Industries Ltd had claimed that they would supply soya refined oil to M/s
Jayesh Oil Trade Pvt. Ltd.and needed working capital. IFCI provided financial
assistance of Rs. 5 crores to M/s Maven Industries Ltd for meeting their working capital
requirements. M/s Maven Industries Ltd had submitted four bills of the purported supply
of soya products/soya refined oil worth Rs. 5.90 crores to M/s Jayesh Oil Trade Pvt. Ltd.
Accordingly,IFCI disbursed Rs. 5 crores infavour of M/s Maven Industries Ltd under the
factoring facility. Police complaint was lodged when IFCI discovered that the said loan
was disbursed against fake bills and false representations by the alleged companies.
The alleged companyhad claimed that they had transported the Soya refined oil
through various trucks. However during investigations, the transporters informed that the
various vehicle numbers, receipts and invoices provided by the Directors of Maven
Industries Ltd were all false and fake as they had not sent their vehicles to Maven
Industries on the dates mentioned. The directors of alleged companies i.e. M/s Jayesh Oil
Trading Pvt. Ltd and M/s Maven Industries Ltd were asked to join enquiry along with
complete information/documents, but they avoided doing the same. It was apparent that
both the parties colluded to submit forged and fabricated invoices/receipts. The
investigations revealed that the Directors of the alleged companies had falsified
companys accounts with intent to defraud IFCI by making false entries and submitting
them to IFCI for obtaining the loan.
At the time when the case was registered, the factory of the alleged person Ashok
Kumar Rathi was got sealed by UCO bank for default on some other loan. Ashok Kumar
Rathi, thereafter, absconded and shifted his residence. As the instant fraud involved Rs 5
crores, a special team comprising of SI Rajnish Kumar, HC Suresh Kumar and Ct.
Sudhir Kumar was formed to verify each and every document submitted by the alleged
persons and to track them down. Both the accused were were finally arrested by the EOW
officials from Maharashtra.
Arrested persons:1.
Ashok Kumar Rathi (51 yrs.) s/o Narayan Das Rathir/o Plot No. 11, East
Vardhmaan Nagar, Nagpur, Maharashtra(Director of M/s Maven Industries Ltd.)
2.
Vijay B. Shethia(47 yrs.) s/o BhavanjiShethiar/o B-12, Rose Marry Apartments,

Station Road, Vikraoli West, Mumbai. (Director of M/s Jayesh Oil Trade Pvt.
Ltd.)
Profile of accused persons:Accused Ashok Kumar Rathi, Director of M/s Maven Industries Ltd, is a
commerce graduate and hails from a business family of Nagpur. He started his
business under the name and style of M/s Maven Industries Ltd. He used to purchase bulk
soya beans from wholesale market, extract oil from the beans and then subsequently sell
them to traders in Maharashtra and Gujarat. He has set up a factory in Vardha Industrial
Area. However, recently his factory was sealed by UCO Bank as he defaulted on
payments of a loan.
Accused Vijay B. Shethia, Director of M/s Jayesh Oil Trade Pvt. Ltd., is a Class
XII pass and belongs to a business family of Kutch, Gujarat. He deals in trading of
various edible oils including soya, sunflower, groundnut, mustard etc. He runs his
business from a small office in West Vikraoli, Mumbai and buys bulk edible oil from
manufacturers for large scale consumers.
Modus operandi:To obtain financial assistance from IFCI, the accused Ashok Kumar Rathi of M/s
Maven Industries Ltd had claimed that he would supply soya refined oil to M/s Jayesh
Oil Trade Pvt. Ltd. The IFCI provided financial assistance of Rs. 5 crores to M/s Maven
Industries Ltd for meeting the working capital requirements. Maven Industries then
claimed that they had dispatched Soya refined oil through various trucks and had also
given the vehicle numbers and receipts in this regard. However no such supplies were
done. Forged and fabricated transport bills/invoices/challans were submitted to the
complainant IFCI.
Similarly, the other accused Vijay B. Shethia of M/s Jayesh Oil Trade Pvt. Ltd
claimed that his company would procure soya refined oil from M/s Moven Industries Ltd.
The companylater submitted forged and fabricated invoices/receipts and fudged
corresponding entries in their account books for the said purpose. They also
misrepresented through a confirmatory letter to IFCI that all the supplies had been
received.
10th June 2013
Dr.S.Srinivasan @Power Star, Actor /Director of Tamil Films in police net

for cheating !
Had duped nine victims of over Rs 20 crores!
Used the cheated amount in film production!
A Case vide FIR No 02/13 dt 01.01.13 u/s 406/420/120 B IPC PS EOW
was registered on the complaint of a Delhi based businessman. It was alleged
that in December 2010, the accused persons approached the Complainant
Company M/s Blue Coast Infrastructure Development Pvt. Ltd. based in
Delhi and represented themselves to be consultants who would help the
Complainant Company in obtaining loan of Rs.1000 (One thousand) Crores. The
Complainant was taken to Chennai for meeting with Tamil actor Dr. S
Srinivasan @ Power star. The complainant met Tamil actor Dr. Srinivasan
@ Power star at the office of actors proprietorship concern M/s Baba
Trading Company in Chennai. Dr. Srinivasan @ Power star even showed the
Bank statements of M/s Baba Trading Company maintained with SBI Anna Nagar
Branch, Chennai where the balance in the account was more than Rs.1000
Crores. As per condition of disbursing loan of Rs. 1000 crores, the Complainant
Company was required to pay upfront payments of Rs.5 Crores. The upfront
payment of Rs. 5 crores was proposed to be used by the lender (Actor) for
purchase of special adhesive stamp calculated @0.50% of the loan amount of
Rs. 1000 crores. The Complainant Company even paid Rs.5 crores by a bank
draft towards the refundable processing fee and a loan agreement was entered
into on 24/12/2010 between M/s Baba trading Company and the Complainant
Company for disbursing a loan of Rs.1000 crores on or before 31 Jan, 2011. The
actor had issued PDC of Axis Bank against the Payments of Rs.5 crores.
However, he neither arranged the loan nor returned the amount of Rs. 5 crores to
Complainant.
Investigation:The investigation of the case was taken up by the Anti Fraud and Cheating
section of EOW and after investigations the accused Dr. S. Srinivasan was
arrested. Accused was found involved in several other cases and had cheated
many other victims following the same modus operandi. During investigations it
was found that the accused had used the cheated amount in the film production.
The end use of money is being ascertained alongwith the roles of the other coaccused persons.
Profile of the accused :
Dr.S Srinivasan ( age 52 years) s/o Late R. Somasundram r/o F-82/1,
Second Street Anna Nagar, Chennai popularly known as Power Star.
Srinivasan is a Tamil film actor, Director and producer. He is also an Acupuncture
Doctor by profession. He has acted in as many as 12 Tamil Films namely
Lathika, Anand Thullai, Laddoo, Indrasena etc. He has also produced four Tamil
films under his own production banner of Lathika films. The accused is
involved in nine cases of cheating and criminal intimidation registered against
him and being investigated in Delhi and Central Crime Branch, Chennai.
Modus Operandi:
The accused was the kingpin of an organized network of cheats who
induce companies/individuals through local contacts on the pretext of giving
loans. After getting trapped, the accused laid down his own terms and conditions
on the victims for the disbursement of the loan or advance amount. He had taken
Rs. 5 crores from the complainant as upfront payment in lieu of sanctioning a
loan amount of Rs. 1000 crores. To win over the confidence of the victim he
entered into a MOU dt. 24/12/2010 for disbursing a loan of Rs.1000 crores on or
before 31 Jan, 2011. The accused Actor, issued PDC of Axis Bank against the
Payments of Rs.5 crores as a guarantee. But he neither arranged the loan nor
returned the amount of Rs. 5 crores to Complainant as promised.
Investigation of the case is in progress.
07th June, 2013
NOTORIOUS BUILDER ASHLEY NOEL CONCESSIO OF PRAGATI
VALLEY PROJECT ARRESTED !
HAD COLLECTED Rs. 25 CRORES FROM INVESTORS OF DELHI AND
NCR REGION IN THE NAME OF RESIDENTIAL PLOTS NEAR NAVI
MUMBAI !
OVER 3000 PERSONS DUPED OF OVER 25 CRORES !
Anti Land & Building Racket Section of Economic Offences Wing has arrested
a notorious builder, Ashley Noel Concessio (42) of Pragati Land & Housing
Corporation R/o 701/702 A Wing, Akruti Aneri Building, Marole Maroshi
Road, Andheri East, Mumbai. The accused has been involved in several cases
of cheating, whereby he has cheated several innocent investors of Delhi/NCR
region to the tune of crores of rupees.
In the present case, corporate bookings were made from a group of
employees of IFFCO/ Saket Delhi in the residential plots project namely
PRAGATI VALLEY at Karzat near Navi Mumbai launched by Pragati Land
& Housing Corporation (PLHC). Total 115 employees of IFFCO invested
rupees 1.25 crores in the project, on the inducement by the alleged builder PLHC
that the project had all Govt. approvals.
The project was launched by the proprietor namely Ashley Concessio of
PLHC in year 2005 at Karzat near navi Mumbai. At that time there was a
proposal of International Airport in navi Mumbai by the Govt. of Maharastra.
Hence the designated area saw a real boom in the real estate prices as a result
of which a large number of builders pre-launched their projects.
The builder PLHC has selected Delhi /NCR for selling /marketing its project
by giving alluring advertisements. Around 5000 plots were booked /sold by
the builder with the help of marketing agents in Delhi. The builder has
collected to the tune of approximately Rs. 25 crores from the investors in Delhi
/NCR. So far over 400 numbers of complaints against the builder have
been received.
During the course of investigation, it came out that the builder namely Ashley
Concessio R/o Mumbai had started a proprietorship firm in the name of Pragati
Land & Housing Corporation. The said firm purchased some agriculture land in
and around Karzat Tehsil in Distt. Raigad for project Pragati Valley. The Govt.
of Maharastra did not give necessary approvals regarding change of land use
and for the residential project. The said project could not come up. Later the
builder had sold the land purchased for the project and fled away.
A large number of complaints were lodged against the builder at Mumbai,
Distt. Raigad (Maharastra) and Delhi. 5 cases are also registered against the
accused person at PS Karzat, Raigarh, Maharastra.
A dedicated team consisting of SI Girish Chandra, SI Gyneshwar, HC
Sambhu Dayal and HC Sunder was deployed for the arrest of the builder
Ashley Noel Concessio. After many raids in Mumbai and Pune, the accused
Ashley Concessio was arrested on 03.06.2013 from Andheri (East), Mumbai.
List of cases against Ashley Noel Concessio:
1. FIR No. 220/11, U/s 420/406/120-B IPC, PS- EOW.
2.
FIR No. 14/12, U/s 420/406/120-B IPC, PS- EOW.
3.
55/10, U/s 420/406/467/468/471/34 IPC, PS- Karzat, Distt. Raigad

(Maharastra)
4.
FIR No. 56/10,U/s 420/406/467/468/471/34 IPC, PS- Karzat, Distt. Raigad

(Maharastra)
5.
FIR No. 57/10, U/s 420/406/467/468/471/34 IPC, PS- Karzat, Distt. Raigad
(Maharastra)
6.
FIR No. 63/11,U/s 420/406/467/468/471/34 IPC, PS- Karzat, Distt. Raigad

(Maharastra), presently with EOW/Raigad.
7.
FIR No. 63/11, U/s 420/406/467/468/471/34 IPC, PS- Karzat, Distt. Raigad
(Maharastra)presently with EOW/Raigad
Background of Ashley Noel Concessio: Ashley is an Indian, born and

brought up in Bandra, Mumbai. He studied upto 12 th standard and later joined
Hotel Industry as Chef. He went to Kuwait as Chef and worked there for 2 years
during the year 1992-94. Later came back to Mumbai and started marketing
goods like soap and cosmetic products. In the year 2005, he jumped into Real
Estate sector which was booming in Navi Mumbai at that time. He purchased a
small piece of agricultural land in Karzat near Navi Mumbai and pre-launched the
residential plots project in the name of Pragati Valley after opening his office at
Santacruz (Mumbai). He got a poor response in Mumbai. Later he met with
some Delhi based Real Estate agents and launched his project in Delhi /NCR, as
the cost of land in and around Delhi was very high in comparison to Navi
Mumbai. Investors of Delhi showed good response as the cost of plots was quite
low viz. 100 sq. Yds for about Rs. 1 lakh. He collected approx Rs. 25 crores
from the investors in Delhi through his commission agents. He did not refund
their money nor gave them plots. After some time he closed his offices and
absconded.
25th May, 2013
RAJEEV KUMAR KOCHHAR, A FAKE NOTARY IN POLICE NET!
36 STAMPS/SEALS USED FOR CREATING / NOTARIZING VARIOUS
LEGAL DOCUMENTSRECOVERED !
152 BLANK BUT DULY NOTARIZED SHEETS SEIZED !
Recently, a case FIR No 24/13 u/s 420,465, 471,120B IPC PS EOW was
registered in the Economic Offences Wing of Delhi Police, on the complaint of
one Sh. Anil Dhanraj Jethani, a businessman andDirector of Rajni Developers
Pvt. Ltd., Rajkot, Gujrat. It was alleged in the said FIR that accused Shambhu
Prasad Singh had sold him a property viz. T-11, Green Park Extension, New
Delhi with a clear written assurance that the said property was free from all
encumbrances. After few days of the purchase, one NGO namely M/s National
Thinkers Forum came forward and claimed that they hada Lease Deed
dated07.10.2008 of the said property, for 33 years. This Lease Deed had a
notary stamp of an Advocate. However, during investigation this notarized stamp
was verified and it was found that the said Advocate had never notarized the said
Lease Deed. Seal and signature of the notary on the said Lease Deed were thus
found to be fake and forged. On 14.05.2013, accused Shambhu Prasad Singh
was arrested, in this case.
During custodial interrogation, Shambhu Prasad Singh disclosed that he
had got the said Lease Deed notarized from M/s R.K. Documentation Centre,
234 A, Chandi Plaza, Sant Nagar, East of Kailash, New Delhi. On 20.05.2013,
on the pointing of accused Shambhu Prasad Singh, a raid was conducted at the
office cum shop of M/s R.K. Documentation Centre. On search of the
premises,36 Stamps/ Seals used for creating / notarizing various documents
were found. These comprised seals of various advocates who are or had been
registered notaries.Beside these, about 152 blank duly notarized sheets and
other incriminating documents were also recovered. Accused Rajeev Kumar
Kochhar (37) s/o Sh. S.C. Kochhar R/o D-130, 3 rd Floor, East of Kailash,
New Delhiwas arrested in the said case.
Profile of accused:- Arrested accused Rajeev Kumar Kochhar was a National

Level Judo Player. After completing his schooling from Central School, Andrews
Ganj, New Delhi, he started assisting his father in his business. He did
graduation from Delhi University by Correspondence. In 2001,he started his
own business of documentation under the name and style of M/s R.K.
Documentation Centre, Sant Nagar, East of Kailash. He is expert in preparing
all sorts of legal documents, affidavits etc.Clients and visitors of the shop
were under the impression that Rajeev Kumar Kochhar is a Lawyer by
profession and an authorized Notary. He used to dupe gullible customers,
and carried out fake notarization against payments for clients who visited his
office for legal documentation.
Modus operandi:- Accused Rajeev Kumar Kochharimpersonated himself as a
Lawyer and expert in Legal documentation work. He used to make fake stamps
in the names of various advocates and then used these fake stamps to notarize
various legal documents.
21ST May, 2013
WANTED ACCUSED
ARRESTED!
OF
MULTI
LEVEL
MARKETING
SCAM
AMIT KOTHARI ARRESTED AT IGI AIRPORT WHILE RETURNING

FROM DUBAI !
HAD ALLURED GENERAL PUBLIC TO INVEST MONEY PROMISING
RETURNS OF 20% PER MONTH!
OVER THOUSAND VICTIMS!
CRORES OF RUPEES COLLECTED IN THE SCHEME!
The Economic Offences Wing, Delhi Police has arrested one accused namely:Amit Kothari s/o Sh. Ajit Kothari r/o H.No. A-3/151, Paschim Vihar, Delhi; Present
Address: - H. No. 404, Saeed Tower, Sheikh Zayed Road, Dubai in a multi level
marketing racket promising high assured returns to its members.
A complaint was received in the Economic Offences Wing of Delhi Police in
November, 2010 alleging therein that a company M/s Maximus Trade Incorporation
had launched some schemes/plans in January, 2010 inviting investments from general
public. The accused persons had created a website of their company in the name
Maxforexonline.biz showing their schemes/plans on the internet. The accused persons
represented their company as dealing in the business of foreign currency exchange
saying that there is huge margin in the said business and their company was exempt from
paying income tax etc. being situated in off shore zone. They assured a return of 15%
to 20% per month on the investments made by the investors. A large number of persons
were induced by them in this manner to invest their money in these schemes/plans. After
collecting crores of rupees from general public, the alleged persons closed their web site
and absconded from their addresses without returning the promised money to the
investors.
Background :Amit Kothari has done B.Com in 1997 from Delhi University. His father was
doing a business of manufacturing plastic strips. After completion of his graduation he
started working with his father. Later on they suffered losses in the said business and
closed the same. After that he started marketing for a software firm, which supplied bulk
SMS software to MTNL, Adani and IRCTC etc. While working there, Amit Kothari met
one Manoj Sharma and together they hatched a conspiracy to cheat general public and
launched the schemes of investments.
Planning : The co-accused Manoj Sharma planned to have a company registered abroad for
doing multilevel marketing business in India. Accused Amit Kothari was already having a
company M/s Maximus Trade Incorporation in his name, registered in Mauritius,
which he had opened in the hope of a business there in Telecom Sector. He offered his
company to Manoj Sharma on partnership basis. Accused Manoj Sharma alongwith Amit
Kothari, designed and launched the scheme inviting investments from general public.
They preferred to take the investments in cash to avoid creation of documentary evidence
against them. Apart from some small transactions, most of the investments were accepted
in cash and the monthly returns were also paid in cash by them. Initially, the monthly
returns were given to the investors to win their trust with the intention to induce them for
more investments in their schemes. Accordingly, more and more investors were lured to
invest their money. Complaints of about 250 victims have been received against them so
far with the allegations of the cheating to the tune of about more than Rs. one crore.
More victims are likely to file their complaints. Both the accused persons shared the
cheated money and after collection of huge amounts, they fled away from their
office/houses without returning the money to the investors. Accused Amit Kothari fled to
Dubai and settled there along with his wife and children. He was arrested at IGI
Airport on 15-05-13 while returning from Dubai. The other accused Manoj Sharma
s/o Shri Ram Sharma r/o H. No. C-2/25-A, Yamuna Vihar, Delhi is still absconding.
Efforts are continuing to arrest him.
Scheme :-
The minimum investment of Rupees equivalent to $200 USD or more, in

multiples of $100 USD was accepted by the accused persons/company at a time as
investment. Investors depositing an amount equivalent to $200 USD upto $ 999 USD
were assured a return of 15% per month and those investing an amount equivalent to $
1000 USD upto $ 1999 USD were assured return of 17% per month. Persons investing
amount equivalent to more than $ 2000 USD were assured return of 20 % per month. The
returns were assured to be paid for 12 months. A member introducing other members in
his down-line was given a commission of 10% of the monthly returns of the downline members too. The monthly returns and current balance of the members were
reflected in the website of the company and an investor could see his account of opening
the website through his id and password provided by the company. The person
desirous of withdrawing his amounts of the returns was to inform the company.
Accordingly, the returns used to be paid to the investor in cash by the accused persons.
However, most of the investors did not get back the money as promised.
Involvements of accused persons/ Maximus Trade Incorportation:1.
2.
3.
4.
FIR no. 14/11 u/s 420/406/409/120B IPC, PS EOW.

FIR no. 59/12 u/s 420/406/34 IPC, PS EOW.
One bank account in the Corporation Bank at Shalimar Bagh, Delhi in the name
of accused Amit Kothari and one account in IDBI Bank in the name of accused Manoj
Sharma have been identified and frozen where the cheated money of the victims was
transferred. About Rs. 21 Lakhs is freezed in the said accounts. Further investigation is
on to nab the remaining accused persons and further recover the cheated money.
18th May, 2013

Fraudster husband-wife duo arrested from Kolkata
Obtained housing loans from different banks against single property
by depositing fabricated documents
Also sold the same property to different buyers
Evading arrest since 2007 & declared POs
Caused a loss of over 85 Lakhs to different banks and Private
Financers/Individuals
Continued with same modus-operandi while on the run also
The Economic Offences Wing, Delhi Police has arrested two accused
persons (husband & wife) namely:-
Kamal Kishore Shukla (age 60 years) S/o Sh. Balak Ram Shukla,
397/1/1, Flat No. 2C, SF, Shyam Batika, Dakhindari Road, Kolkata.
Shashi Shukla (age 53 years) W/o Kamal Kishore Shukla, 397/1/1, Flat
No. 2C, SF, Shyam Batika, Dakhindari Road, Kolkata
The accused Couple had indulged in forgery and cheating by offering the
security of a single property bearing No. 4/587, Vaishali Ghaziabad to as many
as 7 different banks/Institutions including PNB (Ghaziabad and Sabzi Mandi,
Delhi), State Bank of Hyderabad (Delhi and Noida) and GIC Housing Finance
and obtaining loans against the same. Kamal Kishore Shukla and Shashi Shukla
also sold the same property to at least two private parties by creating fraudulent
title deeds.
When their fraud surfaced, a total of 5 cases were registered against them
in Delhi and UP during 2006-2009. A case vide FIR No. 37/09 dated 29.02.2009
U/s 406/420/467/468/120B IPC was registered in EOW and investigation taken
up. Verification of the property documents submitted along with supporting
documents in different banks revealed that all the property papers and other
documents like balance sheets, ITRs, PAN Card etc. were fabricated/ forged
to avail different loans from respective banks. Once criminal cases were
registered against them, the couple ran away from their known addresses of
Delhi/NCR. First, they took shelter in Indore, MP and thereafter moved to
Kolkata, WB. In Kolkata also they kept on changing their address and phone
numbers to avoid arrest. To affect their arrest, a special team consisting of Inspr.
Vivek Maheshwari, SI Manmeet Singh and WHC Jagjit Kaur of EOW was
constituted who filtered the details of their available mobile numbers, scrutinized
lots of bank records including loan applications in various banks in similar names,
DOB and PAN numbers. At last, a clue was drawn through a fresh application of
loan made by Sashi Shukla in a bank of Kolkata and a trap was laid with the
assistance of informers and bank employees. The duo were arrested from their
rented accommodation in Kolkata on 15.05.2013.
List of cases against Kamal Kishore Shukla and Shashi Shukla: S.No FIR No.
Police Station
Under Sections
1
458/06
Connaught Place, New Delhi 406/420/467/468/471/120 B IPC
2
38/07
Pandav Nagar, New Delhi
406/420/467/468/471/120 B IPC
3
634/07
Indira Puram, Ghaziabad
420/467/468/471/120 B IPC
4
212/08
Sec-20, Noida, UP
420/467/468/471/120 B IPC
5
37/09
PS EOW
406/420/467/468/471/120 B IPC
Modus Operandi: The accused persons Kamal Kishore Shukla and his wife Shashi Shukla
used to set up a sham factory in different names & styles and obtained
loans/financial facilities like CC Limit/term loan from different banks for business
purpose in the said factory on the basis of a collateral security of their Vaishali
property presenting fabricated/forged title Deeds of the same.
15th May, 2013
MULTI LEVEL MARKETING RACKET UNEARTHED !
DIRECTOR OF COSY MARKETING PVT. LTD. ARRESTED !
OVER 11,000 VICTIMS ADVERSELY AFFECTED !
THE COMPANY ALLURED MEMBERS ON
OFFERING PLOTS IN PUSHKAR, RAJASTHAN !
THE
PRETEXT
OF
COMMISSION GIVEN ON BRINGING MORE CUSTOMERS !

OVER Rs 20 CRORES COLLECTED IN THE SCHEME !
The Economic Offences Wing, Delhi Police has arrested one accused
namely:1. Manish Goel (Age 41 years), s/o Harish Chander, r/o RZ-H-156, Gali No. 6,
Palam Colony, New Delhi,
in a multi level marketing racket, promising land in Pushkar, Rajasthan to its
members.
A complaint was received in the Economic Offenses Wing of Delhi Police
alleging therein that a company M/s Cosy Builders & Promoters Pvt. Ltd. was
claiming to be in a business of developing a township at Pushkar Ajmer,
Rajasthan for the members of its sister concern namely M/s Cosy Marketing
Pvt. Ltd. In the year 2012 the alleged Company M/s Cosy Marketing Pvt. Ltd.
organized many seminars in Delhi, Haryana, Rajasthan and UP about the
project and also distributed brochures and other materials, while promoting the
real estate business of its sister company namely M/s Cosy Builders & Promoter
Pvt. Ltd.
The scheme launched/introduced mentioned therein that a member of the
scheme could get a plot of 100 sq. Yard in Brahma City at Pushkar,
Rajasthan for only Rs. 41,000/-. For this plot, initially, a member had to deposit
Rs. 11,000/- in advance at the time of obtaining membership of the scheme and
remaining money was to be deposited against the membership of the plot in 15
installments of Rs. 2000/- each per month. Till date more than 11,000 persons
have invested in the above mentioned scheme of the above alleged company.
The alleged company being a networking scheme (Multi Marketing Scheme)
had collected money from public and distributed commission for every new
member in the scheme. The commission was paid as per different plans called
(1) Direct Income, (2) Level Income, (3) Binary Income, (4) Royalty Income, (5)
Leadership Income and (6) Rewards. For example in Binary Income Plan the
Company paid a commission of Rs. 1500/- for an extra pair of members within
the business plan structure. The scheme also offered other incentives for the
introduction of newer members including rewards, direct incomes, level incomes
etc. The alleged company had acquired some agricultural land near Pushkar,
Rajasthan. The same land alongwith photographs etc were shown to the
investors to induce them to invest in the scheme, wrongly promising an upcoming
township there. The company reportedly allotted plots to a few members but for
most of the other members it did not fulfill its promise since the whole scheme, in
fact, was a farce. The company had only a limited piece of land, that too
agricultural, grossly insufficient to allot plots to the huge number of members they
made. There were no sanctions of a township and the money generated from
public was circulated to pay commissions/rewards to earlier members to lure
more customers. The company, in this way, cheated the members of their
invested.
The alleged companies had initially opened their office in Shokeen Plaza,
Dwarka, New Delhi. However, as the pressure from investors increased for the
allotment of land or return of money, they shifted to Ramesh Nagar, Delhi and
thereafter to WZ-92/D Raja Garden, Delhi.
The accused person namely Manish Goel S/o Sh. Harish Chander Goel
r/o H. No. 156, Gali No. 6, Palam Colony, New Delhi has been arrested in the
above noted case on 14.05.2013 from Delhi. Manish holds a degree of Bachelor
of Pharmacy from Nagpur and has also done Post Graduate Diploma in
Marketing from IMT Ghaziabad.
Two bank accounts one in Kotak Mahindra Bank and other in ICICI Bank
at Dwarka where the cheated money of the victims was transferred have been
identified and frozen. Efforts are on to trace his brother Rakesh Goel, co-accused
and mastermind in this racket.
Date : 8th May 2013

Another arrest in STOCK GURU CASE!
KEY AGENT Naresh Kharab heading M/s Stock Guru India in Maharashtra,
Rajasthan, Punjab, Delhi arrested!
Important player in the MLM Networking operation: Had allured thousands
of victims!
In continuation of earlier arrest of Ulhas Prabhakar Khaire @ Lokeshwar Dev
@ Siddharth J. Marathe and Raksha J. Urs @ Priyanka Saraswat Dev @ Maya J.
Marathe in the multi crore and multi victim scam i.e. Stock Guru.India of about Rs 500
crores involving more than 2 lakh victims, the Economic Offences Wing, Delhi Police
has arrested Naresh Kumar @ Naresh Kharab (40 yrs) s/o Late Shri Chatter Singh
r/o 1592, Sector-2, Rohtak, Haryana on 06.05.2013. Naresh Kharab is one of the main
associates/agents of master mind Ulhas Prabhakar Khaire (@ Lokeshwar Dev.
In the matter of Stock Guru, two cases, namely FIR No. 84/11 dt 7.4.11 u/s
406/420/34 IPC and FIR No. 152/11 u/s 406/420/34 IPC dated 29.06.11 PS Moti Nagar
were initially registered and investigated in West District and subsequently transferred to
EOW Crime Branch in July 2011. The cases were registered on the complaints of Sunil
Kumar r/o Sonipat (Haryana) and Sunil Kumar r/o Gurgaon (Haryana) respectively. In
both the cases, the victims were induced to invest money in M/s Stock Guru India,
56/A-1, Lisa Complex, Rama Road, Delhi on the promise of lucrative returns by
Lokeshwar Dev, Priyanka Dev and others. They had guaranteed to provide a 20% return
per month up to six months on the principal amount followed by a subsequent refund of
the principal amount in the seventh month, through prudent and source based investments
in the share market. However, instead of returning their investments as promised,
Lokeshwar Dev & Priyanka Dev suddenly shut down their office and decamped with all
the collected funds. Their scheme to induce public at large was quite elaborate with
conferences and seminars in 5 star hotels all over India. They also had multiple agents
across the country who mobilised funds on their behalf.
After arrest of the master mind of Stock Guru.India, arrest of promoters/agents of
Stock Guru.India was the next target of the investigations to unearth the entire conspiracy
hatched amongst owners of Stock Guru.India and their agents/promoters. The
promoters/agents have been absconding since registration of case against them. Taking
into account the gravity of the crime and the quantum of funds involved, a special team
comprising of Insp. Raj Kumar Saha, ASI Habib Khan and Constable Kapil from
CBT section, EOW was tasked with the job of apprehending promoters/agents of
Stock Guru.India, under supervision of Shri S.D. Mishra, Addl. DCP/EOW. Sincere
efforts resulted in the apprehension of the accused Naresh Kumar @ Naresh Kharab
from Delhi on 06.05.13.
Background of Naresh Kharab
The accused Naresh Kumar @ Naresh Kharab originally belongs to village
Ugalan, Distt. Hisar, Haryana. He did 10th class from his village Ugalan. Thereafter, he
did graduation from C. R. college, Jind, Haryana. He did MA in Sociology from MD
University, Rohtak, Haryana in the year 1998. When he did not get any job, he started
property dealing business. He also took the contract of installing electric meters in
Najafgarh area from DESU. However, he cheated DESU during the said contract. A case
FIR no. 437/01 u/s 406/420 IPC was registered in PS Najafgarh. The same is pending
trial in Dwarka court.
In 2009, he worked as agent in a company of Anand Group with office at
Ghitorni, Mehrauli-Gurgaon Road, New Delhi dealing in selling of plots of land near
Jaipur. Thereafter, in March 2010 he joined Stock Guru India as relationship manager. He
was close to Ulhas Prabhakar Khaire and became the head of Maharashtra, Rajasthan and
Punjab. He also became main agent of Delhi. So far investigation reveals that he induced
and motivated more than 50,000 victim investors and earned crores of rupees. He also
made several sub-agents in Delhi, Maharashtra, Rajasthan and Punjab. Through seminars,
conferences and mouth to mouth publicity he induced victim investors at large
throughout Delhi, Maharashtra, Rajasthan and Punjab.
Investigations revealed that Income Tax department had conducted raids at the
residence of the accused Naresh Kharab i.e. C-403, K M apartment, sector-12, Dwarka,
Delhi on 18th January, 2011. In that raid, the Income Tax department seized about Rs.
4.88 crores in cash from his residence. He accepted that said money was of victim
investors which he had taken as deposit on behalf of the Stock Guru.India. Investigations
revealed that he also used to collect money from investors at his residence.
Since registration of the case, Naresh Kharab has been absconding and stayed in
Jind, Panipat, Jaipur, Mumbai, Bangalore and Indore. The accused has disclosed
about purchase of a plot of 12 acres of land near Indore from the cheated amount in the
name of his younger brother Sukhwinder Singh in the year 2011. He has also invested
about Rs. one crore in Forex trading. The accused has also disclosed that he made so
much money at that time, that he gave his white Mercedes car to Lokeshwar Dev on
his birthday just to please him. This car has already been seized during investigation.
Further investigations are on to ascertain Naresh Kharabs bank accounts and other
properties.
Beside the arrest of Naresh Kharab, investigations in the Stock Guru case have led
to further seizure of cheated money to the tune of Rs. 1.2 crores from Ulhas Prabhakar
Khaire @ Lokeshwar Dev viz. Rs. 20 lakhs in cash, Rs. 90 lakhs in Saraswat Bank
Goa and about Rs. 10 lakhs in M/s Edel weiss.
Efforts are on to trace the other co-accused persons in the Stock Guru scam and
affect more recoveries in the said cases.
7-5-2013
PROFESSIONAL CHEATS ARRESTED!
ACCUSED HAD SUBMITTED FAKE BANK GUARANTEES AND AUDIT
REPORTS IN ORDER TO PROCURE GOVERNMENT CONTRACTS!
ONE ACCUSED USED TO FLAUNT HIMSELF AS A SENIOR
GOVERNMENT OFFICIAL!
______________________________________________________________________
EOW has arrested two persons Shambhu Prasad Singh and Shyam
Sunder Bhatter who had submitted fake bank guarantees and fake audit reports
in order to bag government contract from Assam Rifles. Shambhu Prasad Singh
has previous criminal history and used to pose himself as a senior

government officer.
Syndicate Bank, Nehru Place i.e. Complainant bank had filed a
complaint against two companies viz. M/s Dynamic Shells India Pvt. Ltd
and M/s Sai Baba Builders and Consultants Pvt. Ltd. These companies were
in the business of supplying pre-fabricated shelters to Assam Rifles and other
paramilitary forces. In June 2011, Directorate General of Assam Rifles, Shilong
requested the Syndicate bank for verifying/authenticating 5 bank
guarantees total amounting Rs. 38,83,000/- given by above mentioned two
alleged companies for procuring the business.
On verification, Syndicate bank found that all the said bank guarantees
purportedly shown issued by them were fake. On the complaint of Syndicate
bank, a Case FIR No. 73/13, u/s 420/467/471/120-B IPC was registered at PS
EOW and investigation taken up. During investigation, it was further found that
the financial statements and audit reports submitted by these companies in the
tender document were also fake and fabricated. The signatory Chartered
Accountants were examined and it emerged that their signatures were forged on
all the audit reports.Thus it was evident that the accused companies had
submitted inflated audit reports for procuring the tenders from Assam Rifles. The
said fake financial documents were submitted to Assam Rifles under the
attestation of accused Shyam Sunder Bhatter and Shambhu Prasad Singh.
These companies have reportedly supplied pre-fab shelters on other occasions
to Assam Rifles, BSF and Defence.
The following arrests have been made:(1) Shambhu Prasad Singh (49) s/o Anant Pratap Singh r/o R-122, G.K. - I,
New Delhi, Director of M/s Dynamic Shells India Pvt. Ltd, arrested on 06.05.13.
(2)
Shyam Sunder Bhatter (57) s/o Late Ram Kumar Bhattar r/o A-36, Flat
No. G-5, Kailash Colony, New Delhi, Director of M/s Sai Baba Builders and
Consultants Pvt. Ltd, arrested on 02.05.13.
Both accused persons belong to Kolkata and knew each other. They
came to Delhi and settled there. Shyam Sunder Bhatter is an Engineer who
started his business under the name of B.R. Engineering. On the other hand,
Shambhu Prasad Singh started with a job as Section Officer with Planning
Ministry in 1988. Later, he also served as Addl. Private Secretary to different
Ministers in centre government. He claims to have worked with Minister of State
for Human Resource Development, Minister of State for Communication, Minister
of State for Health and Family Welfare and Minister of State for Chemicals and
Fertilizers in earlier governments. This vast exposure with various Ministries gave
him confidence to flaunt himself as a senior ranking IAS Officer.
Earlier cases against Shambhu Prasad Singh

(i)
In 2002, Shambhu Prasad Singh was raided by CBI when he was APS to
Minister of State for Chemicals and Fertilizers and a case of disproportionate
assets was registered against him. This case is presently pending trial before
Spl. Judge CBI, Rohini Courts.
(ii)
In 2012, Shambhu Prasad Singh duped one businessman Shri Anil
Dhanraj Jethani from Gujarat by selling one property of Green Park Extension,
showing it to be free from any encumbrance, while he had already created third
party interest on the said property in favour of one NGO namely National
Thinkers Forum run by Shambhu Prasad Singh himself. Shambhu Prasad Singh
also presented himself as an IAS officer before the victim Shri Jethani.
It was also revealed that Shambhu Prasad Singh had fraudulently got
issued a card of Ministry of Home Affairs. In 2005, he had joined the National
Productivity Council, in temporary appointment as Advisor to the then DG in a
token honorarium of Rs. 1/- per month for a period of 3 months. After his stint
with National Productivity Council, he forged the signatures of one officer of
National Productivity Council and on the strength of a fake letter, got issued a
card of Ministry of Home Affairs. In this regard a separate case FIR No. 24/13,
u/s 420/465/468/467/471/120-B IPC has already been registered with EOW.
Shambhu Prasad Singh also reportedly has membership of United
Services Club of Mumbai and Army Golf Course in New Delhi.
4th May, 2013
On-line transaction fraud detected.
Rs. 55 Lacs transferred from a Corporation Bank account in Delhi to
various accounts in Vadodara.
Transaction through RTGS affected by using deceptively similar
email id.
One Accused arrested from Vadodara
________________________________________________________________
____
The Economic Offences Wing Delhi Police has arrested one accused
namely:Kapil Nagle (Age 25 Years) S/o Sh. Nathuji Nagle R/o H. No. 26, Omkar
Bunglows, Opp. M.M Showroom, Soma Talav, Dabhoi-Waghodia Ring Road,
Vadodara (Gujarat)-391110. Permanent Address:- New Govind Colony, Zakir
Hussain ward, Ward no.-8, Amla, Distt. Betul, Madhya Pradesh,
in an online transaction fraud of about Rs 55 lacs.
A case FIR No. 96/13 dt. 23/04/2013 u/s 420/34/ 120B IPC PS- EOW
was registered in EOW on the complaint of Sh. Sudhir Pradhan, AGM,
Corporation Bank wherein it was alleged that one of their privileged customers,
M/s S.S Brothers, a partnership firm have a current account no. 986 at their
Vasundhara Enclave branch located at Vasundhara Enclave, New Delhi. The
firm has two partners and one of the partners namely Mr. Saalim Qureshi is
authorized to operate the said current account. On 15.04.2013, the Vasundhara
Enclave, New Delhi branch of the complainant bank received an email from
a deceptively similar email id in comparison to the victim firms registered
email account with the bank requesting for four RTGS transfers for an
amount totaling Rs. 70 Lakhs for credit to four different beneficiaries
accounts maintained with Axis Bank and State Bank of India. The
Vasundhara Enclave branch replied to the said mail on same date and asked for
providing the Cheque Nos of the said firm and also asked to reply on the
difference in amount in words and figures. The branch received reply to its email
wherein particulars of the cheques were provided in the mail and amount was
corrected. Thereafter the Bank effected four RTGS transfers on 15.04.2013 to
the bank accounts mentioned in the request. One RTGS of Rs. 15 Lakhs sent to
alleged beneficiary account returned back thereby making the total amount of
fraudulent transfer through three RTGS at Rs. 55 Lakhs. The case was
registered when the account holder informed the bank that no such email was
sent from their end for affecting the RTGS transfers.
Modus Operandi:- Investigations conducted so far revealed that the accused

person alongwith the other accomplices procured the bank account details of
the victim and thereafter by using this information transferred the money from
that account to beneficiary accounts opened on the basis of fake identities. In
the instant case the accused persons had succeeded in getting a number of fake
proprietorship firms registered with District Industries Center, Vadodara in
different names using fake identities and then managed to open a number of
current accounts in various banks using the said information. Thereafter using a
similar looking email ID of the victim company they sent email requesting
transfer of funds through RTGS to four beneficiary account maintained with Axis
Bank and State Bank of India in Vadodara. They later on withdrew the money
through ATMs and self Cheques.
Role of Accused Person:- Timely and prompt investigation revealed that
accused Kapil Nagle aged 25 years is a permanent resident of Baitul District,
Madhya Pradesh, presently residing in Vadodara. He was arrested from
Vadodara by a team of EOW, Delhi led by SI Arvind Sharma. Kapil Nagle
committed the crime with the help of his associates Karan Pratap, Atul Singh
Kushwah, Manish, Rajkumar and Lakhanpal. He holds a diploma in Mechanical
engineering from the Govt. Polytechnic, Sagar, MP. After a brief stint of jobs in call
centers in Bhopal, he moved to Surat in search of work. There he met Atul Singh,
the kingpin in the racket, through a common friend. Thereafter, as part of the Atul
Singh gang, he moved to Vadodara where he got a fake account opened in his
own name. A lot of incrementing bank documents including cheque- books, ATM
cards etc have been recovered from the house in which the accused person was
residing. In addition one laptop, USB Internet hub and many SIM cards of different
service providers have also been recovered from his possession.
Further investigation in the case is in progress and efforts are on to trace and
apprehend the other accused persons.
Four Fraudsters Arrested
Got issued 57 Credit Cards of CITI Bank using fake identities of
non-existent Air India employees
Caused a loss of over 40 lakhs to the CITI Bank
The Economic Offences Wing, Delhi Police has arrested three accused namely:1.
Mayank Jain (age 28 years) s/o Anil Kumar Jain r/o G-81/2, Jagat Puri, Delhi.
2. Roshan Dass (age 27 years) s/o Muneshwar Prasad r/o A-77, Bhagwati Garden,
Uttam Nagar, Delhi,
3. Kuldeep Srivastava (age 23 years) s/o A K Srivastava r/o J-65, Street No. 9,
Pandav Nagar, Delhi.
4. Ashok Ganwani (age 35 years) s/o Nanak Ram r/o 44, J & K Block, Laxmi Nagar,
Delhi,
who used to get Credit Cards issued from the Citibank on the basis of fake salary
slips and Identity Cards of Air India.
Citibank had complained to the Economic Offences Wing alleging that 57 Credit
Cards were issued by them between January to April, 2012 and transactions on these
cards were dubious.
A case vide FIR No.39/13 dated 27.2.2013 u/s 420/467/471/120-B IPC PS
E.O.W. was registered and investigation was taken up by a team led by SI Umesh
Sharma. Verification of the documents submitted alongwith application forms revealed
that the salary slips and I. Cards purportedly issued by Air India were used to get issued
the Credit Cards. Investigations in Air India revealed that no such employees were
working in Air India and all these documents were fake. Close scrutiny of the
transactions revealed that these cards were used at a few selected places only. Meticulous
surveillance revealed that these cards were mostly used at S.P. Enterprises, Laxmi Nagar,
Delhi, a mobile shop. When the Proprietor of this shop Ashok Ganwani was interrogated,
the whole conspiracy came to light. The master mind of the whole game was Mayank
Jain.
Unique Modus Operandi:
The accused persons Mayank Jain and Roshan Das had their fathers working in
Air India and they used to live in Air India Colony, Vasant Vihar. They were familiar
with the working of Air India and well acquainted with the I. Cards and salary slips being
issued by Air India. Both accused worked as agents for Insurance Policies and Bank
loans but were unable to meet their expenses due to lavish life style. Both decided to get
Credit cards issued fraudulently. They used to fill up forms, paste photographs of
different persons which they had taken for Insurance Policy etc. and deposited with the
Bank, with fake identities created through computer, using the known formats of AI
identity cards and salary slips. Since they were well acquainted with Air India Colony,
Vasant Vihar, Delhi, they gave addresses of locked houses of the Air India colony.
They also used to purchase a prepaid SIM card in the non-existent applicants name
and filled the same in the application form, to respond to any telephonic verification.
Since the CITI Bank credit card application form demanded a landline number also, they
gave numbers of some out-of-use/faulty numbers extensions of Air India office. They
used to keep a sharp vigil and whenever the courier boy visited to deliver the Credit cards
they collected the same. The third accused Kuldeep Srivastava is techno savvy and the
fake documents were created on his laptop, as he had been a master in Adobe
Photoshop. He has been preparing for MBA from M.D. University Rohtak. The fourth
accused Ashok Ganwani is the proprietor of S.P. Enterprises who used to swipe cards on
the condition of his own commission and returned the cash to these accused. Transaction
through Ashok Ganwani has been to the tune of Rs.18 lacs. Some other cards swiping
points have been identified and raids are being conducted.
Citibank has suffered a loss to the tune of Rs.40 lacs at the hands of these three
accused. Further investigation is in progress.
30th April, 2013
FAKE INVESTMENT SYNDICATE IN INSURANCE SECTOR BUSTED!
TWO INSURANCE AGENTS AND A CALL CENTRE OWNER ARRESTED!
OVER 700 VICTIMS ADVERSELY AFFECTED IN A WIDE-RANGING
FRAUD!
LOSS OF OVER 90 LACS TO THE COMPLIANANT INSURANCE
COMPANY!
The Economic Offences Wing, Delhi Police has arrested three accused namely:-
2.
Ankur Goyal ( Age 23 years ) , S/o Late Sh. Surender Kumar Goyal, R/o T-47,
Shukkar Bazar Road, Parampuri, Uttam Nagar, New Delhi-59.
3.
Praveen Yadav ( Age 26 years ), S/o Ram Niwas Yadav, B-4/28-29 First Floor,
Rohini-85.
4.
Pardeep Yadav ( Age 28 years ), S/o Sh. Surender Kumar Yadav, R/o Shubham
Apartment, Flat No. 267, Pocket-4, Setor-12, Dwarka, New Delhi,
in a fake investment racket in the insurance sector. The accused persons used
to make fake tele-calls using unofficially accessed customer details and dupe the
victims by impersonating themselves as representatives of insurance
companies/IRDA and thereby inducing innocent persons to purchase policies which
they otherwise would not have purchased.
A Case vide FIR No 68/13 PS EOW was registered on the complaint of
ICICI Prudential Life Insurance Company wherein it was alleged that certain
unscrupulous people have unofficially accessed/stolen details of their customers through
various sources. Further it was alleged that they have attempted to cheat customers of the
complainant company by impersonating as representatives/officials/employees of the
complainant company. Over 700 complaints have been received by the complainant
company so far.
Modus Operandi : Investigations revealed that the matter relates to fraudulent calls
made to various policy holders of the insurance company. These calls are made by
unscrupulous tele-calling agencies and individuals allegedly on behalf of external entities
(e.g. giving references of the Company, Regulator/Government Organizations) giving
false promise of bonuses, scholarships etc. to the policyholders and inducing them to
buy new policies. The following modus operandi is used for enticing victims:
1) Bonus Pitch: The calling agent tells the customer that Company / IRDA had issued bonus in
his existing policy and to avail that customer would have to buy a new policy from a
SPECIFIC INSURANCE company.
Loss to the victim: The victim has to pay for a new policy including additional charges
for the new policy with no accrued benefits. The bonus cheque remained a myth.
Loss to the company: Reputation loss, loss of business as the customer surrenders his
existing policy.
Gain for the miscreants: Monetary gain through commission.
2) Security Deposit: The calling agent tells the customer that Company / IRDA has issued
bonus in the existing policy and to avail that customer would have to give a security cheque
in the name of a particular Insurance Co. The said cheque would be then misused by the
miscreants to take up a policy in another name or for booking a new policy in the victims
name.
Loss to the victim: Monetary loss by way of payment of the security deposit and no
bonus would be ever issued.
Loss to the company: Customer comes back to the company asking for the bonus release
and also the release of the security deposit.
Gain to the miscreants: Monetary gain through commission or misappropriation.
At times the objective of the spurious caller was to convince the customer to issue a
cheque in the name of a particular Insurance Company. These cheques were logged in
a new policy on the name of these customers with forged signatures and fabricated
KYC documents.
3) Policy Churn: In any of the above scenarios, if customer said that he did not have money to
invest then he is advised to surrender his existing policy and take up a new policy
Loss to the victim: Loss of returns which would have been there had the policy continued
for a longer period. Customer would pay higher surrender charges in earlier years which
was instigated by the spurious caller. Further for the fresh policy he would again have to
bear policy administration charges which he would have already paid on existing policy.
In many scenarios customer got induced and surrendered the policy.
Loss to the company: Existing policy surrender, loss of asset under management,
premature policy surrender incurring higher losses for the company.
Gain to the miscreants: Monetary gain through commission.
Over 100 victims have been examined so far by a special team lead by Insp. Anil
Jindal of CBT Section, EOW. Over 30 odd victims have claimed that they had issued
cheques on the promise of bonus which is still awaited. The complaint of one victim
amongst all these stands out. The accused persons duped a senior citizen lady, aged 81
yrs, of her savings. Her late husband was a Mahavir Chakra Awardee in1971 war,
whereas their only son, also in army, lost his life in Kupwara J & K during an Army
Operation at the time of insurgency. In the complaint, it was alleged that after the death of
her husband and son, she was approached by some unscrupulous people stating that they
would get her husbands investment validated in the company and accordingly she was
induced to issue cheques amounting to Rs. 26 lacs. Later on, she came to know that
amongst the investments made, two insurance policies with forged documents had been
issued and that all the amount had been misappropriated.
During investigation, it was revealed that two policies amounting to Rs. 2 lacs
were issued in her grandsons name by one Ankur Goyal by fabricating the documents
of her grandson. A fake school ID card was used for getting the policy issued. This was
the modus operandi of the accused to induce the complainant to handover the cheques on
the pretext of issuing policies in the name of her grandson as no policy could be issued in
her name as she was more than 80 years old. Investigations revealed that the accused
Pradeep Yadav misappropriated the cheque amounts so collected for renewing his own
policy.
Role of Accused persons: Systematic investigation led to the arrest of accused persons
Ankur Goyal, Praveen Yadav and Pradeep Yadav. Accused Praveen Yadav is a graduate
in Economics from Kumaon University, UP. He has worked with different call centers
and presently was running his own call centre in the name of GROW MONEY in a
rented premises at Rohini. Calls to many victims were made from this particular call
center. Accused Pradeep Yadav is an Arts graduate from Govt. College Narnaul,
Haryana. He is a former employee of ICICI Prudential Life Insurance and Sri Ram Life
Insurance. He had access to the client databases and had stolen the same from the
complainant company for use in this racket. Accused Ankur Goyal is a graduate from
Delhi University. He is appearing for his CA examinations. The bank account of Ankur
Goyal was used for financial transactions in the said racket.
Further investigation is in progress and efforts are being made to identify and
arrest the other accomplices.
Advisory: In order to prevent such frauds in future, public is hereby advised to verify the
credentials of persons approaching them as agents or employees of any insurance
company / mutual fund / other agency before making any investment through them.
04th April, 2013
PROFESSIONAL CHEAT MOHIT WADHWA IN POLICE NET!
HAD DUPED DISTRIBUTORS OF AIR-CONDITIONERS, HOME
APPLIANCES, ELECTRONIC GOODS, MOBILE PHONES ON THE
PRETEXT OF BULK PURCHASES!
OVER 18 DISTRIBUTORS DUPED OF OVER Rs. 2 CRORES!
A case vide FIR NO 56/13 u/s 420,406,506,120B IPC PS EOW was
registered on the complaint of Sh Palvinder Singh Rakhara, a prominent
Distributor of Air Conditioners of branded companies such as Daikin, Samsung
etc. It was alleged that in March 2012, one Mohit Wadhawa of M/s Merrific Sales
approached him at his shop and represented himself as a big businessman with
connections and having bulk orders from various Housing Projects undertaken by
reputed housing companies. He convinced the complainant to give goods on 7
days credit basis (PDCs). He gave many orders and issued
cheques(PDCs).Initially the cheques were cleared but later on cheques worth Rs
32 lac bounced. Initially Mohit Wadhawa gave various excuses for non payment
but later on he changed his mobile number , refused all meetings with the
complainant and changed his address. Sh Palvinder Singh Rakhara discovered
that several other shopkeepers were also cheated by the accused using the
same Modus Operandi for an amount of over Rs 2 crores. Over a period of time
18 more complaints were received in EOW from other Distributors of AirConditioners, Mobile phones, Generators, TVs, Home Appliances, Electronic
Goods etc. located in Delhi and NCR against the accused Mohit Wadhwa.
Profile of accused:- Arrested accused Mohit Wadhwa (32) s/o Naveen Kumar
Wadhwa r/o 14/6 West Patel Nagar is a school drop out. He left school after
class Xth and initially joined his fathers business. An urbane and suave Mohit
has a flair of convincing people and could converse impressively in both English
and Hindi. About 3 year back he started his business under the name and style of
M/s Merrific Sales and M/s Solution point.com where he was actively involved in
sale/purchase of electronics items. Initially he bagged a few orders from the
Hotel Industry but as the profits nosedived he found it much easier to make
money by coning people.
Modus operandi:- Accused Mohit used his gift of the gab to the hilt to dupe
Distributors. He used to represent himself as a big supplier of electronics items,
other home appliances to the hotel industry and big housing projects undertaken
by reputed housing companies. Initially, to win the trust of the dealers /
distributors he used to place small orders on credit payment basis and ensured
that the post dated cheques were timely honored. Once he won the trust of the
victims he used to place larger orders, make part payment and then abscond. All
the post dated cheques issued subsequently for balance payments bounced.
Then he used to sell the goods so obtained from the victims in the open market
at a much lesser costs and misappropriate the funds. Using the same modus
operandi he cheated more than 18 such dealers in Delhi and Ghaziabad of over
Rupees two crores.
Previous involvements:- He has earlier been arrested in similar cases of 138
NI ACT in 2011 and got bail from High Court. He has also been arrested in Case
FIR No 89 dt 4.2.2013 u/s 420,406,506, 120B IPC PS Sihani Gate, Distt
Ghaziabad. Besides a number of cases u/s 138 NI ACT are also pending against
the accused in various courts in Delhi.
The accused is now in police custody remand and further investigation is in

progress.
31-03-2013
FORMER MANAGER OF HOUSING FINANCE COMPANY ARRESTED
DECLARED PROCLAIMED OFFENDER IN 8 CASES AND WANTED IN
TOTAL 35 CASES
CHEATED HIS FINANCE COMPANY OF ABOUT Rs. 1.5 CRORES BY
DISBURSING BOGUS LOANS TO NON-EXISTENT PEOPLE ON FAKE
DOCUMENTATION
OPERATED NETWORK THROUGH MIDDLEMEN AND PHONY
GAURANTORS
With the arrest of Vishwanath Tantri (48) s/o Sh. Kanja Gururaja Tantri
r/o H. No. 24, Opposite Shivamma Hotel, Nalakadiranahalli, Nagasandra Post,
Bengaluru, the Economic Offences Wing, Delhi Police has solved 35 cases of
cheating and forgery.
The accused Vishwanath Tantri was the former Manager at the
Bengaluru Branch of the complainant company Maharishi Housing
Development Finance Corporation (MHDFC). Maharishi Housing Development
Finance Corporation was incorporated under Companies Act, 1956 having its
registered office at A-14, Mohan Co-operative Industrial Estate, Mathura Road,
New Delhi and was a NBFC (Non-Banking Financial Company). It had branches
all over India and was engaged in the business of housing finance. MHDFC was
monitored & supervised by National Housing Bank.
The complainant company (MHDFC) had alleged that between the period
1997 to 2005, the accused person in connivance with his other associates had
extended housing loans to a large number of persons/borrowers for the purpose
of either purchase of a house/land/plot or construction of the house on vacant
plots situated at various sites in Bangalore and surrounding districts in
Karnataka. The housing loans varied from Rs 3 to 5 lacs and were all disbursed
through the Head Office of the complainant bank situated in Delhi. Later on, it
came to the notice of the complainant company that the properties against which
the loans were availed were non existent and the guarantors also were not
traceable. After an internal enquiry, MHDFC got a total 36 FIRs registered in
P.S. Sarita Vihar, Delhi on Court directions in November 2006 and subsequently
all the cases were transferred to EOW in May 2009 for further investigations.
During the course of investigation carried out by different investigating
officers, the documents related to the loan submitted by the alleged borrowers to
the complainant Company i.e. Maharishi Housing Development Finance
Corporation were collected. Glaring and major discrepancies were found in the
application forms as well as supporting documents attached for the purpose of
availing the said loans. Many of the documents including salary slips of Bharat
Earth Movers Ltd. (BEML), physical verification certificates, property papers,
verification certificates from Tehsildars etc. were found to be fabricated and
forged. Investigations revealed that many loans were disbursed to non-existing
persons, fake employees of M/s BEML and in the names of some existing
persons too who were not even aware that loans had been disbursed in their
names. The entire scam were encompassed in a web of deceit and an endless
trail of fake and non-existent papers and persons.
Investigations revealed that the documents enclosed by the borrower, coborrower and that of the guarantors along with the loan application forms were all
verified in person by the Branch Manager Vishwanath Tantri.
Modus Operandi
Following a unique modus operandi, both fake as well as genuine
borrowers were first made members of one Khumbha Credit Co-operative
Society Ltd., Ashok Nagar, Bengaluru. The membership forms as well as funds
withdrawal forms were got filled up by the associates of Vishwanath Tantri. The
loan cheques issued in borrowers name by MHDFC were deposited in the
account of Khumbha Credit Society in Dhanlaxmi Bank which were encashed by
Vishwanath Tantri and his associates, through the withdrawal forms in the
borrowers name.
As the fake paper trails were unraveled during the investigations, it
emerged that the accused Vishwanath Tantri had planned and orchestrated the
whole scam. He, however, avoided his arrest and remained underground.
Various police teams had raided the address of above mentioned accused
Vishwanath Tantri several times but he was not found there.
Profile of the accused
Vishwanath Tantri holds a B.Sc. degree from Purna Prajani College,
Uddupi. He started his career as a Quality Control Inspector in M/s Jagdale
Engineering Product Group. Later on he joined M/s Canfin Home Finance a
subsidy company of Canara Bank. In 1995, after marriage, he took up an
assignment with a new company namely Weizmann Homes Ltd. and later on
joined MHDFC (Maharishi Housing Development Finance Corporation) and
remained there till 2002 as Manager of the Bengaluru Branch. Many of the home
loans sanctioned by MHDFC through him became NPA and MHDFC got cases
registered at PS Sarita Vihar, Delhi in this regard in the year 2006. MHDFC has
later closed down its operations.
Special Team formed
Vishwanath Tantri was wanted in 35 cases being investigated by Anti
Forgery Section, EOW and had been declared a Proclaimed Offender in 8 of
these cases. A reward of Rs. 50,000/- had also been declared on the said
accused. In order to affect his arrest a special team consisting of Inspr. Raj
Kumar Saha and ASI Habib Khan was formed. They kept a 24x7 watch at his
residence in Bengaluru. Vishwanath Tantri made the mistake of dropping his
guard when he came home during the Easter weekend holidays. He was
arrested by the special team on 29.03.2013 in the early morning hours.
During further investigation of the cases, role of associates of Vishwanath
Tantri will be ascertained and their liability will be fixed.
30th March, 2013

ONLINE SHOPPING FRAUD UNEARTHED !
DIRECTOR and CHIEF OPERATIONS OFFICER OF ON-LINE SHOPPING
SITE TIMTARA.COM ARRESTED !
OVER 200 VICTIMS COMPLAINED TO THE POLICE !
THE COMPANY OFFERED GOODS AT ATTRACTIVE PRICES BUT

DEFAULTED ON SUPPLY OF ITEMS DESPITE 100% ADVANCE
PAYMENTS !
The Cyber Cell of EOW has arrested Arindam Bose (47) and Harish
Ahluwalia (35), Director and Chief Operations Officer respectively of on-line
shopping portal TIMTARA.COM. Over 200 complaints have been received so
far in the Cyber Cell of EOW. The victims from all across India invariably claimed
that they had paid money online through credit card for various items. However,
in-spite of repeated requests and follow-up, the requisite goods never arrived.
On-line retail website www.timtara.com claimed to sell various products
like
cameras, mobiles, Home Appliances, Kitchen Appliances, Consumer
Electronics, Computers, Games, Health and Personal Care Products, Home
Dcor, Perfumes and Watches online. The victims had ordered for the various
articles like mobile phones, cameras, pen drives, external hard-drives, watches,
pens and home appliances like toasters, rice cookers, induction heaters etc. on
timtara.com. The accused persons after taking money in advance from the
victims on the promise to deliver the ordered product never delivered the items.
The company in fact shut down their front office of B-26, Sector 8, Noida, UP
and changed their location to avoid detection and confrontation with the
cheated customers.
Cases registered against Timtara.com
(5)
(6)
(7)
FIR No. 67/13 u/s 406/420/120-B IPC, PS EOW

FIR No. 76/13 u/s 406/420/120-B/34 IPC, PS Janak Puri
FIR No. 90/13 u/s 406/420/120-B/34 IPC, PS Janak Puri
During investigations it was revealed that the alleged timtara.com was

actively engaged in on-line shopping fraud. Large numbers of customers had
been cheated on account of providing products cheaper than the market rate.
Most of the victims were lured by the misleading advertisements, high discount
offers and false representations on the website. They ordered the products by
paying the complete indicated cost of the product in advance.
In order to trace and apprehend the accused persons, a special team of Cyber
Cell, EOW, comprising of Insp Vijay Gahlawat, SI Kanhaiya Lal Yadav, W/SI Monika
Shori, ASI Sunil Malik, HC Rati Ram, Ct. Ravinder and Ct. Randeep was constituted.
Raids were conducted at all the known residences and office address of the suspects. In
order to avoid detection, the said company had shifted its operations to another location
i.e. D-38, Sector 63, Noida. Sustained reconnaissance and investigations conducted by
the team at Noida, led to the apprehension of the accused persons Arindam Bose
(Director) and Harish Ahluwalia (Chief Operations Officer) of Timtara.com.
Investigations also revealed that the said on-line shopping portal was registered on
behalf of M/s InfoSecure Consulting Pvt. Ltd., with Arindam Bose as one of the Directors.
Accused persons profile

(1) Arindam Bose S/o Amar Nath Bose R/o A-1/196, Janak Puri, New
Delhi originally belongs to Kolkata. He is highly educated and had been a
well placed IT professional. He holds a Bachelors degree in Electronics
from Jadavpur University, Kolkata. After working for M/s Phillips for about a
year he moved to USA in 1989, where he studied at Clemson University,
South Carolina and thereafter took up a job at AT&T. He returned to India in
1994, worked in M/s Philips, New Delhi till 1997 and then joined M/s LG in
1997 as Head of IT where he continued till 2007. He thereafter took up a job
as a Consultant in the Middle East and then worked in M/s Videocon as
VP IT, Internet and Exports for a year. In 2010 he started Timtara.com with 3
other founders.
Apart from the three cases registered in the matter of Timtara.com, there
is one more case of cheating registered against Arindam Bose in Punjab viz.
FIR No. 5/13 u/s 420/120-B IPC PS Lahori Gate, Patiala related to some
property matter.
(2) Harish Ahluwalia S/o Amar Singh Walia R/o V-256, Sector-12, Noida
originally belongs to Distt. Kaithal, Haryana. He is a graduate who started
his career as Astt. Sales Manager in the Mobile Division of M/s BUZZ
Mobiles. Over the years he was promoted as the Regional Sales Head and
then the Sales Head of the Company. He left the company in June 2012 and
joined Timtara.com as Incharge Administration and was promoted as Chief
Operations Officer of the compnay in November 2012.
Efforts are on to trace the other Directors of the said Company and to fix
their liability too in the said fraud.
NOTORIOUS FRAUDSTER SELLING DDA FLATS ARRESTED BY

ECONOMIC OFFENCES WING, DELHI POLICE
Economic Offences Wing, Delhi Police has arrested one Amit Agarwal
(41) S/o Sh Subhash Kumar R/o F-29, Kamla Nagar, New Delhi on
18.03.2013 who used to prepare forged documents of DDA flats and
sold to innocent buyers. In this regard two cases were being
investigated in Economic Offences Wing vide Case FIR No. 59/09 u/s
420/467/468/471/120 B IPC PS EOW, Delhi and Case FIR No.
441/08 u/s 420/467/468/471/451/ 120B IPC PS Vasant Kunj,
Delhi. The accused was active in Vasant Kunj area.
Modus operandi :-
The accused Amit Agarwal used to recce the area and identified
flats which were unoccupied and had not been attended since long. He
then prepared forged documents of these flats to establish ownership.
He identified one such flat No. D-3/3227, Vasant Kunj, New
Delhi and prepared fake chain of documents of this flat and applied in
DDA for conversion of this flat from leasehold to freehold on the basis
of these forged and fabricated documents. The owner of flat Shri
Ashok Agarwal came to know about his bad intentions and on the
complaint of Sh Ashok Agarwal a Case FIR No. 59/09 PS EOW, Delhi
was registered against him.
Amit Agarwal had also targeted another flat bearing No. D-7/7084,
Vasant Kunj, New Delhi whose owner was living in Chandigarh. He
prepared forged documents of this flat and was trying to sell this
property when the owner of the flat came to know about his ill
intentions and FIR No. 441/08 PS Vasant Kunj, Delhi was registered
on his complaint.
Background :Amit Agarwal was born on 07.09.1971. He passed 12 th class from DPS
R K Puram, Delhi. He passed graduation from Hans Raj College in
1994. His father and uncle were having factory at 31, Rajasthani
Udyog Vihar, Jahangir Puri, Delhi. The factory was closed in 1994. In
2004 he mortgaged this property with one Sh K.K. Agarwal without
knowledge of his uncle Vinod Bansal. His uncle got case FIR No.
115/08 PS Jahangir Puri, Delhi registered against him. He was
arrested in this case in Nov 2008 and sent to J/C in Rohini Jail. In
the Rohini Jail drugs were recovered from his possession and on the
complaint of Jail authorities Case FIR No. 61/09 u/s 20/61/85 NDPS
Act PS S.P. Badli, Delhi was registered against him and he was
arrested in this case also.
He was absconding since long and was arrested after sustained
and meticulous tracking of his movements.
Involvements of Amit Agarwal:1. FIR No. 59/09 u/s 420/467/468/471/120 B IPC PS EOW,
Delhi
2. FIR No. 61/09 u/s 20/61/85 NDPS Act PS Samaipur Badli,
Delhi
3. FIR No. 441/08 u/s 420/ 467/468/471/451/ 120 IPC PS

Vasant Kunj, Delhi
4. FIR No. 115/08 u/s 420/468/471/406/34 IPC PS Jahangir
Puri, Delhi
The accused was arrested on 18.03.13 by a team of Economic

Offences Wing led by SI Sudhir Kumar, HC Murari Lal and HC Jai
Parkash. His role in other such fraudulent transactions is being
ascertained.
07-03-2013
Ex-Employee of Standard Chartered Bank arrested for siphoning off
Rs. 6.65 Crores.
Economic Offences Wing, Delhi Police, has arrested one Tejash Mukesh
Mehta ex- Associate Director, Client Coverage in Standard Chartered
Bank for siphoning off Rs. 6.65 crores by misusing his power. A case vide
FIR no. 10/13 DT. 14.01.2013 u/s 420/467/468/471/120B IPC PS
EOW was registered on the complaint of Standard Chartered Bank
against its associates director Tejas Mehta.
Modus Operandi
Tejash Mehta had been working as Associate Director Client
Coverage in Standard Chartered Bank at Gurgaon Branch. He used to
liaison with various clients of the bank and was primarily involved in
disbursement of Working Capital Demand Loan (WCDL) availed by
various clients of the bank.
He forged the request letters of some prominent clients of the bank
who were availing the facility of WCDL and had sent request letters
earlier for sanctioning/disbursing the loan amount. The accused used to
prepare forged requests by scanning the original request letter and
thereafter keeping the letter head and signature of the client unchanged,
he used to alter the date of request, amount, rate of interest and period.
The forged request letter was faxed to processing team/operation for its
consideration. After the processing of the said letter the loan amount
was credited in the accounts of clients and thereafter the accused
prepare the forged request of the client to transfer the said amount in his
account. In this manner the accused misusing his official capacity,
having discretion to transfer the amount from one account to another on
verbal directions and subsequently parked the money in his own account
and siphoned off the same.
His interrogation reveals that he was addicted to speculative
trading in share market and had lost heavily.
In May 2010, M/s Pearl Global had requested for additional
facilities for their working capital which was sanctioned after approval
from credit team. However, M/s Pearl Global Limited was communicated
by accused Tejash Mehta that a margin of 20% i.e. Rs. 2.43 crores was
required for sanction for the working capital. The margin money duly
transferred by M/s Pearl Global Limited was fraudulently received in his
account. After repayment of the sanctioned amount M/s Pearl Global
Limited asked back the margin money from accused Tejash Mehta. To
square off the margin money accused Tejash Mehta fraudulently debited
an amount of Rs 3.30 crore from the account of another client M/s
Ahluwalia Contracts Limited by using the similar modus operandi.
Subsequently Tejash Mehta started the vicious circle of
fraudulently transferring the money using forged request letters of his
clients. The total cheated amount has been approx Rs. 6.5 crores.
The accused was arrested on 03.3.13 by team of Economic
Offences Wing lead by SI Ravinder Malik, SI Rajneesh Kumar and HC
Bittu Tomar under the supervision of Addl.DCP Sh. Harendra K. Singh,
from Mumbai where he was hiding after his misdeeds were discovered.
The investigation with respect to the usage of the ill gotten money is in
progress.
19th Feb., 2013
DELHI POLICE WEEK INITIATIVE: e-AWARENESS IN

SCHOOLS LAUNCHED by Cyber Cell, EOW.
A CYBER AWARENESS & SAFETY PROGRAM FOR
SCHOOL CHILDREN.
As part of the DELHI POLICE WEEK program, the Cyber
Crime Cell of Economic Offences Wing, Crime Branch, Delhi
Police has launched a cyber awareness & safety program for
the schools of Delhi targeting children in the age group of
14-18 years . The said initiative focuses on creating
an awareness amongst children about the risks of
uninhibited exchange of information on the internet and the
precautions one needs to take.
In the year 2012 alone about 245 complaints of fake
profile and 51 complaints of defamation were received in the
Cyber Cell, EOW. It was found that many of the victims were
minors. Enquiry into such matters invariably reveals a
complete lack of awareness of the victims about the pitfalls
involved in internet usage. Thus an inherent need was felt to
identify and create an awareness in the most vulnerable
victim group. A concerted beginning has been made by
initiating a program of e-awareness at schools targeting the
focused groups of teachers, parents as well as the children.
Focus Areas:
The program is aimed to address and create an
awareness about the following three issues on the Internet:
The first is what the children are exposed to,
either through their own actions (entering an
area that they should not enter, like adult and
hate sites) or through accidental exposure.
The second distinct area of concern is direct
communication with the child that may be
inappropriate and personal and that could, if
mishandled,
lead
to
the
child
revealing
information that puts them or the family at
personal risk.
The third area of concern is the Risk-taking
behavior of the children. This behavior is a part of
growing up that has to be addressed in all areas of
child safety.
Approach:
The e-awareness & safety program adopts a five pronged
approach:
Spreading awareness amongst the school
administration and teachers about the issue so that
they can engrain such safe habits amongst the
children.
Appoint Internet Safety Officers in schools by
training designated teachers for each school.
Educating the children of the risks, dangers and
pitfalls of internet usage, social networking sites, chat
rooms, and the laws of the country on these matters. It
would also involve dos and dont and the basic ground
rules which they could use as a guide.
Creating awareness amongst the parents about
such matters and educating them as to how to protect
their wards from the caprices of the electronic world.
Launching
a
publicity
campaign through
advertisements for educating the public at large about
the issue involved as well as the penal actions possible

in such matters.
23/1/13
FRAUDSTER JEWELLER ARRESTED BY ECONOMIC OFFENCES
WING FOR DUPING PUBLIC TO THE TUNE OF RS 2.5 CRORES
Economic Offences Wing has arrested an accused Sita Ram Kapoor,
owner of M/s Modern New Kapoor Jewellers Pvt. Ltd., address A-5/25,
Krishna Nagar, Delhi-51 for cheating the public by enticing them to give
him gold and cash in lieu of handsome returns.
A case vide FIR No. 91/12 dt. 30.7.12 u/s 406/420/120 B IPC PS
EOW was registered on the complaint of Sh. Vijay Verma in which he
alleged that he was induced to part with his life term savings of 2 Kgs. of
gold worth Rs. 60 Lacs on the promise of return of 3% interest per month
by accused Sita Ram Kapoor. He neither got any interest nor got the gold
back. Further investigation revealed that there had been several other
victims who had been duped by adopting the similar modus operandi.
Till now 14 victims have came forward who had been cheated by the
fraudster to the tune of Rs. 2.5 crores. The alleged company M/s Modern
New Kapoor Jewellers Pvt. Ltd. has neither been a Non-Banking
Financial Company nor taken any approval from RBI to accept any
deposit from public.
Background of the accused:
The accused Sita Ram Kapoor is 61 years old and running a

jewellery shop in the name and style of Modern New Kapoor Jewellers
Pvt. Ltd from the premises at A-5/25 Krishna Nagar, Delhi -110051 for
the last 35 years.. He has no previous criminal record.
Modus Operandi:
The accused Sita Ram Kapoor alongwith his brother Rajpal

Kapoor induced the public to deposit the gold and cash with them on the
pretext of return of 1 to 3% per month. Believing on the assurances and
representation of accused Sita Ram Kapoor public starting investing
cash as well as gold with them. Initially some installments of interest on
the invested amount were paid and subsequently defaulted. The accused
persons neither paid interest nor the principal amount.
Further investigation of the case is on.

Date: 17th Jan 2013
Kingpin of a well entrenched racket of internet-banking frauds arrested

Spread across various cities and having international links
The gang has divested hundreds of people of their savings in bank accounts
Elaborate modus operandi with division of role and expertise
With the arrest of two persons, the Economic Offences Wing of Delhi Police has busted a
gang of criminals indulged in Internet Banking frauds, who divested their unsuspecting victims of
their hard-earned money deposited in bank accounts. The gang would procure details of bank
accounts of the victims to gain access through internet and transfer money through net-banking to
other accounts, without their knowledge. Usually the SIM card of the victims mobile phone
would also be got deactivated by the gang fraudulently, during the time of these transactions.
Details of the two persons arrested are as follows :
1. Mohd. Mirza Ali (real name) @ Sanjay Soni @ Mamu (age 39 years) s/o Mirza Ali.
Permanent Address 307, Krishna Niketan, Bhayender East, Thane,

Maharashtra.
2. Pritam Mishra @ Preet Mishra (age 27 years) s/o Ashok Kumar Mishra.
Permanent Address C-51, Gali No. 2, Chaman Vihar Near Balaji Mandir,
Loni, Ghaziabad, UP.
Background of the case
A complaint regarding unauthorized transaction from Bank Account was received from
Dr. Vijay Kher r/o Defence Colony, New Delhi in the Cyber Cell of the Economic Offences Wing
of Delhi Police. A Case FIR No. 161/12 u/s 420/468/471/120B IPC, PS EOW was registered in
this regard. The complainant alleged that someone had transferred an amount of approximately
Rs. 20 Lakh from his private account, maintained with YES Bank, through fraudulent on-line
transactions during the night of 19-20, Oct-2012. His mobile phone also had been inactive during
this period. When he got his phone re-activated, then only he came to know of this cheating.
During investigations with the bank officials, it was revealed that for each transaction made on
net-banking, a One Time Password (OTP) is required which is generated and sent by the bank to
the registered mobile number of the customer. The customer has to enter this OTP to complete the
transaction, but in this case the OTPs were not received by the complainant because the cell
phone of the complainant had been inactive. It was found that during the intervening period, the
alleged persons had got a duplicate SIM card of the complainant issued. Thus getting the OTP
information as well through the duplicate SIM, these criminals transferred the money through
internet banking from his account to various bank accounts opened on fake identities.
During investigations it was revealed that the suspects were very much active in net
banking fraud including this case. A large numbers of account holders with different banks in
Delhi and other cities have been cheated by this gang following the same modus operandi. An
elaborate investigation by SI Kanhaiya Lal Yadav and his team through IP address logs and
other clues alongwith discreet enquiries led the police to identify the suspects. Thereafter, a trap
was laid by a team consisting of Insp. Vijay Gehlawat, SI Kanhaiya Lal Yadav, ASI Sunil
Malik, HC Daleep Singh, HC Rati Ram, Ct. Ravinder, Ct. Manoj Kumar and Ct. Randeep
and the accused were apprehended.
The accused Mohammad Mirza Ali s/o Mirza Mohammad Ali, age 39 years is a
permanent resident of Thane, Mumbai. He is into this crime for last 4 years and carries
out the activity with the help of his accomplices active in Delhi, Mumbai, Gujarat and
Meerut. He was getting account and bank details of their targets from suspected
Nigerians and his Indian associates opened bank accounts with fake identities.
During the course of this fraud, his associates would submit application with the
service providers to block the SIM Card mentioned in the bank account and a duplicate
SIM would be issued in place of original one. After activation of duplicate SIM, accused
Mohd. Mirza would access the account of the victim on internet using the details already
available with them like the user-id, password of the account etc. At the time of a request
of transaction for transfer of money, the Bank would automatically generate One Time
Password (OTP) which would be received through SMS on the duplicate SIM already
with the gang. Using this OTP and other bank details, money would be transferred to the
fake accounts opened by the alleged.
The other accused Pritam Mishra s/o Ashok Mishra a resident of Delhi is one of
the associates of the main accused Mirza who used to carry out the work related to Delhi
region. In the present case, Pritam Mishra got the victims SIM card blocked and
arranged the duplicate SIM.
Elaborate Modus Operandi : Division of role
The gang followed an elaborate modus operandi with perfect
compartmentalization of work for various activities involved in the crime. While Mirza
acted as the central hub and carried out the actual transfer of money by accessing the
target bank account through net-banking, he had three different support systems, each
mainly independent of others (1) For identifying target account and procuring its
details, (2) Opening bank accounts in fake names for transfer of money and (3) For
blocking the SIM card and issuing duplicate SIM.
As revealed by Mohd. Mirza Ali, he utilized the above mentioned three systems in
the following manner:1) Identifying target bank account and procuring its details:- This work is done by
suspected Nigerian nationals with whom Mohd. Mirza Ali was in touch through
internet. These Nigerians would procure the details like user-ID, Password of bank
accounts of people through on-line identity theft techniques (phishing) or other
means. They would then share this information with Mohd. Mirza Ali. According to
the accused, the Nigerian would get a share of 35% from the cheated money.
2) Opening of bank accounts in fake names :- Perhaps the most risky activity in this
entire process i.e. opening of different bank accounts in various fake identities for
transfer of money would be done by a different set of people, particularly specializing
in this job, with possible connivance of bank officials/agents. Once the money is
transferred in a particular account, the same is withdrawn immediately and the
account is not used again. The person opening the account in fake names could get
upto 50% of the cheated money.
3) Blocking of SIM card and issuing a duplicate SIM :- This activity would be done
by yet another set of people with possible connivance of mobile phone service
providers/agents. Such person would get a fixed amount for each successful activity.
The network of this gang was spread over various cities in India. Mohd. Mirza
Ali, a native of Thane near Mumbai used to travel between cities by air, organizing his
activity and carried a laptop for internet access. His laptop has been seized.
Efforts are on to identify and nab other persons involved in the racket.

Important Detection by Economic Offence Wing

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Important Detection by Economic Offence Wing

22nd December, 2013

SWINDLER OF CRORES ARRESTED.

HE DUPED VARIOUS COMPANIES/PERSONS OF MANY A CRORES BY

Gang of Cheats Arrested !

2800 victims cheated of Rs 25 crores in Delhi!

16th December, 2013

MASTER CONMAN ARRESTED.

HAD DUPED VARIOUS COMPANIES/PERSONS OF MANY CRORES BY

HAD USED THE CHEATED AMOUNTS TO ORGANISE LARGE EVENTS HAVING

Offences Wing of Crime Branch, Delhi Police had

International Post Secondary Non-Profit Statutory Education Agency in Higher

11th November 2013

Briefly facts of the case are that it was alleged by the

The accused Shivendra Singh, director of Sarveshwari Estates

Shivendra Singh S/O Sh. Mahendra Singh Kushwaha R/O Shop

30th October 2013

16st August, 2013

Nagar New Delhi. Age 31 Yrs.

Profile of accused persons:

23rd July, 2013

The Economic Offences Wing, Crime Branch, Delhi Police has

registered and investigation taken up by Inspr. Ajay Kumar. The

21st JUL, 2013

FIR No. 29/2009 u/s 170/468/471/419/420/34 IPC PS Mahindra Park,

Profile of accused persons:

18th July, 2013

INVOLVED IN CHEATING 200 (APPROX) VICTIMS ON THE

The Economic Offences Wing, Crime Branch, Delhi Police has

The accused persons who had no previous experience of

making efforts to recover their deposit amount but there was no

18th July, 2013

THE COMPANY OFFERED FLATS AT SONIPAT WITH CLUB,

INVOLVED IN CHEATING 200 (APPROX) VICTIMS ON THE

The Economic Offences Wing, Crime Branch, Delhi Police has

The present case FIR No. 228/11 U/s 406/409/420/120B

Allured by the false promises & representations of the accused

ofNavi Mumbai by the names Bollywood City and Amara Retreat.

A case videFIR No. 215/11 dt. 01.11.2011 u/s 406/409/420/467/468/471/120-B

SHOWED DOCUMENTS OF NON-EXISTENT TRADE BETWEEN

Vijay B. Shethia(47 yrs.) s/o BhavanjiShethiar/o B-12, Rose Marry Apartments,

Dr.S.Srinivasan @Power Star, Actor /Director of Tamil Films in police net

FIR No. 14/12, U/s 420/406/120-B IPC, PS- EOW.

55/10, U/s 420/406/467/468/471/34 IPC, PS- Karzat, Distt. Raigad

FIR No. 56/10,U/s 420/406/467/468/471/34 IPC, PS- Karzat, Distt. Raigad

FIR No. 63/11,U/s 420/406/467/468/471/34 IPC, PS- Karzat, Distt. Raigad

Background of Ashley Noel Concessio: Ashley is an Indian, born and

Profile of accused:- Arrested accused Rajeev Kumar Kochhar was a National

AMIT KOTHARI ARRESTED AT IGI AIRPORT WHILE RETURNING

The minimum investment of Rupees equivalent to $200 USD or more, in

FIR no. 14/11 u/s 420/406/409/120B IPC, PS EOW.

18th May, 2013

COMMISSION GIVEN ON BRINGING MORE CUSTOMERS !

Date : 8th May 2013

has previous criminal history and used to pose himself as a senior

Earlier cases against Shambhu Prasad Singh

Modus Operandi:- Investigations conducted so far revealed that the accused

The accused is now in police custody remand and further investigation is in

30th March, 2013

THE COMPANY OFFERED GOODS AT ATTRACTIVE PRICES BUT

FIR No. 67/13 u/s 406/420/120-B IPC, PS EOW

During investigations it was revealed that the alleged timtara.com was