Uttar Pradesh special task force (STF) on Wednesday made a fourth arrest in the alleged online ponzi scam of Noida and nabbed a 30-year-old relationship manager posted at Raj Nagar district centre, Ghaziabad branch of the Yes Bank.
Atul Mishra was arrested during an ongoing probe in the case related to Anubhav Mittal and his company Ablaze Info Solution Private Limited. It was alleged that the accused passed on vital information about any probe, raids and suspicious transaction reports to officials of Ablaze Info Solution and helped them manage their funds beforehand.
“The accused was managing entire funds of the bank account related to Mittal’s company. Whenever the bank used to generate the suspicious transaction report, he used to inform Ablaze officials who used to withdraw or transfer funds elsewhere. He even informed company officials about STF inquiries and also about investigations,” said Amit Pathak, senior superintendent of police, UP-STF.
Company’s managing director Mittal was arrested by STF on February 2 along with CEO Shreedhar Prasad and technical head Mahesh Kumar.
“We have sufficient evidences to support that whenever there were any alarms raised, the money use to get transferred within couple of hours or new accounts were opened. We have matching details of calls and even the data entries. In a way, he was working for Mittal to help him manage funds,” Pathak added.
The officials said that the arrest was made in connection with an FIR already lodged against Ablaze officials at Surajpur police station in Greater Noida. Accused Mishra will now face similar charges as the officials of Ablaze, and also a charge of being a part in the criminal conspiracy.
The UP-STF officials said that they had already come across several bank accounts in Axis Bank, Yes Bank, Kotak Mahindra Bank and Canara Bank and are investigating the transactions related to Ablaze. They said that with Mishra’s help, the funds were allegedly migrated and siphoned by Mittal.
“The account in the Yes bank was opened last year and Mishra was in touch with Ablaze officials since. We have electronic evidences, corroborated with bank documents, against the accused,” said Rajiv Narayan Mishra, additional superintendent of police, STF.
It was alleged that Ablaze officials and their group of companies were found cheating nearly 6.5 lakh investors to the tune of nearly Rs 3,726 crore in the name of promotion through ‘likes’ on website links. The revelation has also put huge money of investors at stake.
Apart from a special investigation team, helped by UP-STF, the enforcement directorate on Sunday also registered a case of money laundering on the basis of FIR registered by the UP-STF in connection with the multi level marketing ponzi scheme in Noida.
Officials said that Mittal’s lifestyle has also come under scanner. He is stated to have invited Bollywood actors Sunny Leone and Amisha Patel to a five-star hotel in Greater Noida on November 29, 2016, to celebrate his birthday and launch a new scheme, they added.
“Presently, we don’t feel the need to question the actors in connection with the event held. If need arises, we will get in touch with them,” an official said.
Three teams have been formed to question the accused. The teams will question the accused separately. As of now, STF has received a total of 9,000 complaints.