Bhubaneswar: On the request of the Economic Offences Wing, Bhubaneswar, the Bureau of Immigration (BOI) has issued Look out Circular against three Chinese nationals. They are: Shen Zhenhua alias Tony Of Jiangsu, China, Quan Hongwei alias Paul Of Jiangsu, China and Yang Haiying alias Doris Of Sichuan, China.
They are the masterminds and main accused in the second illegal loan App case investigated by EOW related to running illegal digital Loan Apps. There are more than one lakh victims of Kredit Gold Loan APP across the country including many from Odisha, the EOW stated.
Evidence suggest that they are running similar scam in following countries: Indonesia, Sri Lanka, Pakistan, Nepal, and Bangladesh. They also have links in USA and Hong Kong. They are in the process of expanding their financial criminal network in African and Middle East countries.
They operate in India in connivance with many shell companies mainly named and styled as “M/s Goodstart Business private limited, M/s Rightstart Business private limited” etc. Indians are made directors of these companies.
They also take help of some unscrupulous officials of mobile companies, Chartered accountants/ company secretary, Fintech companies, Recovery agents/ call centers etc.
Evidences suggests that these accused along with some other Chinese group are running hundreds of illegal digital loan APPS and extorting/ abusing/ mentally torturing Lakhs of innocent Loanees mainly from lower middle-class people.
Earlier in this case, EOW arrested accused Nitin Mallik, Director of Good Start Business Services Pvt. Ltd. on July 13, from Hari-nagar police station area of New Delhi.
On arrest, the accused was produced before the Court of Chief Metropolitan Magistrate, Tis-hazari court, New Delhi, and was brought to Bhubaneswar on transit remand for his production before SDJM, Bhubaneswar. The Court has granted four days remand to EOW.
Nitin malik is the close associate and henchman of Chinese bosses. He used to get huge salary/ commission for his job. “EOW will move INTERPOL through proper channel for the extradition of these criminals to India and also to alert law enforcement agencies of other concerned countries,” the agency stated.
The EOW has already written twice to Google to take down the illegal Loan APPs from its play store. The agency has also requested RBI to impress upon Google for early taking down of the illegal Loan APPs.
