The Uttar Pradesh special task force (UP-STF) probing Noida’s alleged Ponzi scam may file a chargesheet against six persons at the Gautam Budh Nagar court on Monday.
Anubhav Mittal, who allegedly ran the Ponzi scheme through his firm Ablaze Info Solutions, his father Sunil and wife Ayushi ( both were company directors) are likely to be named in the chargesheet.
The STF officials said Mittal used his firm to allegedly cheated nearly 6.5 lakh investors of nearly ₹3,700 crore. Ablaze Info Solutions was in the business of promoting social media penetration and internet popularity for small-time businesses through getting maximum ‘likes’ on Facebook
The chargesheet is to be filed by Monday as the three months of the initial investigation are nearly over. However, officials said the investigation against the ‘core group’ and gold and diamond jewellers will continue and a supplementary chergesheet will follow.
“The first chargesheet will name Mittal, company CEO Shreedhar Prasad and technical head Mahesh Dayal. Anubhav’s father Sunil and his wife Ayushi will also figure in chargesheet along with Atul Mishra, a public relationship manager with Yes Bank for aiding accused persons. Ayushi obtained a stay on her arrest when we applied for her non-bailable warrant,” said Rajiv Narayan Mishra, additional superintendent of police, UP-STF.
The chargesheet is likely to run into 300 pages of case diaries and reports by the investigating officer apart from 700 to 800 pages of annexure. The bank statements, running into thousands of pages, will also be submitted in boxes as and when required by the court.
The chargesheet will include sections of cheating, forgery, criminal breach of trust, criminal conspiracy of the IPC and provisions of the Prize Chits and Money Circulation Schemes (Banning) Act, 1978.
“The major beneficiaries, think tank of and certain gold and diamond jewellers are also under the scanner. We have also collected information from the company servers and we have raised a questionnaire for getting more details. We have sufficient evidence against the accused persons and will submit the chargesheet on Monday,” Mishra said.
On February 2, the UP-STF arrested Mittal, Prasad and Kumar. Later, it arrested Mishra for allegedly entering into a criminal conspiracy with Mittal and providing him prior information about the bank’s suspicious transaction reports, raids and investigations. Sunil was arrested on April 8.
The officials said they found that ₹5 crore was transferred from Ablaze’s account to the account of Sunil’s electrical goods’ shop in Kishanganj Mohalla, Pilkhuwa.
Apart from the STF, the enforcement directorate is also probing the case on money laundering charges.