EOW arrests another defendant and warns people not to fall into traps

The crime branch’s economic crimes wing has arrested another fraudster for allegedly deceiving people through fake loan mobile apps.

The arrested person identified as Tarun Dudeja, a resident of Sector 48, Gurgaon was arrested in Bhubaneswar on May 14 (Saturday) under Sections 294/506/507/420/467/468/120 IPC and 66 D of the computer law.

According to a press release from the EOW, Dudeja is the director of several dubious companies that deceived people in the name of providing online loans. 41 postpaid SIM cards in the names of various other people were seized from him.

CB had previously arrested a person named Mohd Javed Saifi from Ghaziabad, Uttar Pradesh for his role in the money lending fraud scheme. Saifi, a director of a shell company “IWT”, was arrested and an amount of Rs 6.57 crore was frozen by the Crime Branch.

According to a police investigation, Dudeja and Javed Sahifi used to lure their employees/interested/vulnerable/poor people to open bank accounts and take sim cards using their name. These accounts would be used to funnel money raised through illegal loan APPs. The mobile/SIM numbers connected to these bank accounts would in fact be manipulated by fraudsters. All related information/calls/OTPs would land on these mobile numbers which are operated by fraudsters and not by the real/official account holder. This mechanism is used to create additional layers to confuse/distract law enforcement/police. Usually they use 3-4 coats before the money lands in the brain’s account.

The fraudsters revealed that they paid around Rs one to two lakh to the concerned person for allowing the use of the bank/SIM account as a Mule account, the EOW press release said.

Meanwhile, the crime bureau has issued a notice for public information while warning everyone not to fall into the traps set by such fraudsters.

Please do not give your documents to open bank accounts to be operated by someone else and do not allow anyone to use your SIM card to be used by someone else. These things can be used for illegal purposes.

Please do not surrender to the abusive / torturous methods of the debt collectors of these loan application companies. Report the problem to the local police.

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