The Economic Offences Wing (EOW) of the Delhi Police arrested five members of a family for running a fake self-employment company. The cheats allegedly duped 40 people of crores of rupees.
The fraud came to light when Puja Bansal, a resident of Shakti Nagar in north Delhi lodged a complaint with the police, that she and 39 others had been cheated by a company –– Himalaya E-Com Marketing Private Limited –– in Rohini, Sector-3.
“Puja Bansal alleged the accused persons had asked for Rs 5,500 from each investor. They said after a span of six months they would earn in lakhs if they enrol more investors. The profits would be given to them six months after the investments,” said KK Vyas, DCP (EOW).
The accused have been identified as Anubhav Saini, Madan Gopal Saini Kamal Singh, Anita Jain and Retika Saini. All of them are relatives and are residents of Sector-14, Rohini.
An investigation showed the company was running a money circulation scheme under the name ‘Self Employment Yojana’.
According to the scheme, if an investor deposited Rs 5,500, he would get Rs. 10,000 after six months. If the new member sponsors another investor within 30 days, he would earn Rs 30,000. Similarly, if one gets three such investors within 30 days, they could earn in lakhs.
Police recovered Rs 26 lakh, gold jewellery, silver coins and gift items worth Rs 1 crore from the possession of the accused. The police also recovered some incriminating documents and papers of a property worth Rs 1 crore from them.
“The company was not registered with the Reserve Bank of India as a non-banking financial institution. The promoters and directors of the company tempted the victims, collected money from them as membership fees, cheated them by making false promises and misappropriated the money of the investors and ran away by closing down their offices,” said Vyas.
The company has collected crores of rupees from the several members,” he added.