Shahjahanpur, 1 January: A fraud of ₹1.59 crore was committed by creating a fake firm in the name of a youth in Shahjahanpur, Uttar Pradesh. Police have arrested three accused, including two youths from Rajasthan, while the search for other suspects is ongoing.
Police officials said that Moeed Ali, a resident of Atishibazan locality under Katra police station, filed a complaint stating that his neighbour Shoaib convinced him to open a firm in his name by promising good income. Trusting Shoaib, Moeed Ali handed over his Aadhaar card, PAN card, and mobile number to CA Bhupendra of Khudaganj.
The victim said he received several OTPs on his mobile, which he shared with Shoaib. Using these documents and OTPs, the accused allegedly created a fake firm named ‘Platinum Right Home Prel’ and handed over its papers to Moeed Ali. Subsequently, they opened limited accounts in several banks in Moeed Ali’s name and took him to Delhi, where they carried out fake transactions worth crores through these accounts.
When Moeed Ali discovered the fraud and protested, the accused started threatening him.
Based on Moeed Ali’s complaint, the police registered an FIR against nine people, including Shoaib, Nagendra, Bhupendra, and Rajasthan residents Azharuddin, Azbadin, and Alisha Fardeen.
Tilhar Circle Officer Jyoti Yadav said that after receiving the information, investigation confirmed Moeed Ali’s claims. The police arrested main accused Shoaib and Rajasthan residents Azbadin and Azharuddin. Police teams are working to arrest the other accused and the investigation is ongoing.
Police officials added that during interrogation, the accused revealed they often deceive people by promising higher returns and commit frauds in this manner. Efforts are underway to arrest other group members and trace the utilisation of the defrauded amount.
Leave a Comment