The Serious Fraud Investigation Office (SFIO) has arrested the mastermind of the racketeering which incorporates a large number of shell companies with Chinese ties to India from Gaya of Bihar. He was trying to flee the country.
The Union Corporate Affairs Department said the SFIO arrested a person, identified as Dorste, who worked as a director of Jillian Consultants India Pvt Ltd.
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The ministry said it was the mastermind of the racket incorporating a large number of front companies (a dormant company used as a vehicle for various financial maneuvers) with Chinese connections in India and providing dummy directors on their boards.
Searches were carried out at the offices of Jillian Consultants India Private Ltd, a wholly owned subsidiary of Jilian Hong Kong Ltd., in Gurgaon, Fininty Pvt Ltd in Bangalore and Husys Consulting Ltd, a former listed company in Hyderabad.
Dortse had posed as a resident of Mandi in Himachal Pradesh according to records filed with the Registrar of Companies, the SFIO said.
Based on polls and tip-offs, it was learned that Dortse had fled NCR Delhi to a remote location in Bihar state and was trying to escape from India by road, the agency said. survey, adding that a special team had been sent. to catch the tracer.
Dortse was then taken to court and orders for his return in transit were obtained.
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