SIT to probe 3700 Cr rupees online Ponzi scam in Uttar Pradesh
स्रोत: News Bharati English      तारीख: 04-Feb-2017

Lucknow, February 4:  Special Investigation Team (SIT) will probe into the 3700 crore rupees online scam in Uttar Pradesh, which was busted by STF branch of police last Thursday. The task force has arrested three persons so far and sealed the bank accounts of the company.Director General of police Javeed Ahmad has set up a team under the supervision of IG crime branch, Bhagwan Swaroop. Special Task Force SSP Amit Pathak said the Noida-based company's Director Anubhav Mittal, COO Sridhar Prasad and technical head Mahesh Dayal were arrested and an FIR was lodged at Soorajpur Police Station in Noida.
Embeded Object
"We have arrested the company's owner, Abhinav Mittal, its COO Sridhar Prasad and technical head Mahesh Daya. Mittal has a B.tech degree and Sridhar is an MBA degree holder. The company has accounts in several banks and some bank employees are also under scanner. We will soon initiate action against these officials. We will be informing the ED, SEBI and RBI about the fraud," he said.Embeded ObjectThe accused used to run a portal 'socialtrade.biz' under which an investor had to pay anything between Rs 5,750 to Rs 57,500 in the company's account to become the member and earn Rs five per click," he added.