Speak Asia case: HC wants plan to end online fraud

Taking a stern note of the rise in investor scams, the Bombay high court on Wednesday sought to know what the Economic Offences Wing (EOW) of the Mumbai Police planned to do to prevent people from being lured by online frauds.

Taking a stern note of the rise in investor scams, the Bombay high court on Wednesday sought to know what the Economic Offences Wing (EOW) of the Mumbai Police planned to do to prevent people from being lured by online frauds.

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A division bench of justice Ranjana Desai and justice Ranjit More said, “It is necessary to consider whether there should be separate body that can keep vigil on the Internet to find out whether it is being abused by scamsters.”

The court was hearing a PIL filed by Rajmani Shukla through advocate Vinod Chate about the alleged scam involving Singapore-based Speak Asia.

Public prosecutor Pandurang Pol said the EOW had registered an offence in the case and five persons had been arrested.