Noida ponzi scheme: Special probe team grills prime accused Anubhav Mittal
The accused will be kept for five days on remand in the office of STF that is helping SIT in the investigation.noida Updated: Feb 10, 2017 11:55 IST
The special investigation team (SIT) on Thursday recorded statements of Ablaze Info Solutions Private Limited managing director Anubhav Mittal, 26, its chief executive officer Shreedhar Prasad and technical head Mahesh Kumar accused of swindling Rs 3,700 crores in an online scam from nearly 7 lakh people.
SIT head inspector general (IG) Bhagwan Swaroop Srivastava and deputy inspector general (DIG) KS Emmanuel also questioned the three accused at the special task force (STF) office in Greater Noida’s Surajpur area.
The accused will be kept for five days on remand in the office of STF that is helping SIT in the investigation. SIT and STF officials questioned the three accused for 10 hours on the first day.
“SIT started questioning all three accused at 11.30am. The questioning will go on till late night up to 10 or 10.30pm,” said Rajiv Narayan Mishra, STF additional superintendent of police.
SIT has decided to video record important statements made by the three accused. Officials involved in the investigation said that whole questioning session will not be recorded. But whatever will be crucial to the probe will be recorded for references.
“After taking statements of the three accused as per the requirement of the probe, the SIT will conduct cross examination of statements. SIT is questioning the accused on investments by Ablaze, spending and money collected from investors. Once all information from the accused is collected, the team will verify it with facts,” said Mishra.
Meanwhile, Atul Mishra, 30-year-old relationship manager with Yes Bank, who was arrested by the Uttar Pradesh special task force (STF) on Wednesday, had been sent to Greater Noida’s Luksar jail. Mishra, posted at a branch in Ghaziabad’s Raj Nagar District Centre, allegedly informed officials of Ablaze Info Solution Private Limited about any probe, raids and suspicious transaction reports and helped them manage their funds beforehand.
Apart from a special investigation team, the Enforcement Directorate on Sunday also registered a case of money laundering on the basis of an FIR registered by the UP-STF in connection with the multi-level marketing ponzi scheme.
SIT is investigating how Mittal and his aides kept rotating the investors’ money through fake companies that he had formed on the basis of fake documents.
Besides SIT, ED, income tax office and Securities and Exchange Board of India (SEBI) and other central agencies are also probing this case.
“We are working to collect and preserve evidences so that all agencies can conduct probe easily,” said Amit Pathak, SSP, STF.