An interstate 15 members gang busted by CIA Staff, Mohali, who pretended to be the proprietors of 18 fake finance companies and recovered One crore

S.A.S Nagar : Dr. Sandeep Kumar Garg IPS, SSP, SAS Nagar giving information to a press said that during the operation conducted by Mohali Police against the bad elements as per the guidelines issued by Punjab government, under the supervision of Sh. Amandeep Singh Brar, S.P. (Inv.), Sh Gursher Singh Dy.S.P (Inv.), I/C CIA Inspector Shiv Kumar along with his team on dated 06.08.2023 and interstate gang from PS Zirakpur area, who are in the name of the fake finance companies, pretended to give low interest loans to the naïve people of all over India.
They used to cheat by getting processing fees and file charges from them, 10 members of this gang have been arrested from PS Zirakpur area and the case FIR No. 159 dated 13.06.23 U/s 420,406,465,466,467,468,471,474 IPC PS Zirakpur has been registered.
FIR No* 159 dated 13.06.23 U/s 420,406,465,466,467,468,471,474 IPC PS Zirakpur
Recovery
1) CASH = 1 Crore
2) Gold = 270 gm
3) ATM cards = 20
4) Cheque books = 20
5) Mobile phones = 40
6) Computer Set = 15
7) Sim Cards = 50
8) Cars = 03
(Fortuner, Baleno, Ritz)
Arrested Accused :
Amit Kumar s/o Ram Lubaya r/o #4, Jalandhar Kunj, PS Bawa Khel, Distt Jalandhar
Sanjeev Kumar s/o Sher Chand r/o Gandhi Mohala, PS City Fazilka, Distt Fazilka
Rupesh Umar @ Hemant Kumar @ Rohit Kumar s/o Ramesh Kumar r/o Madhu Nagri, PS City Fazilka, Distt Fazilka now r/o # 1892, Sector 15, Panchkula
Shiv Parkash Mishra s/o Ram Kirpal Mishra r/o Vill Jura Patti, PS KuryBhar, Distt Sultanpur (UP)
Karan Dhayia s/o Balraj Singh r/o #11/205, Street No. 2, Bhagat Singh Nagar, PS City Sirsa, Distt Sirsa, Haryana
Bhawan Singh s/o Narpat Singh r/o #54, Mochian wali gali, PS City Jodhpur, Distt Jodhpur, Rajshthan
Umesh Chander Soni s/o Harbhajan Lal Soni r/o #65, New Kartar Nagar, PS Div-5, Distt Jalandhar
Karan Nayar s/o Raj Kumar Nayar r/o #32, Phase 1, Green Avenue, PS Basti Bawa Khel, Distt Jalandhar
Arjun Nayar s/o Raj Kumar Nayar r/o #32, Phase 1, Green Avenue, PS Basti Bawa Khel, Distt Jalandhar
Ajay Kumar s/o Krishan Kumar r/o #1968, Sector 52, Chandigarh
Name of Forded Companies
South Capital
Fortune Finance and leasing
Kevy Finance and investment Co.
Megh
Suchitra
Bell India
Vayudoot Finance and leasing
Puran
Absolute leasing and Finevest Corporation
First Horizon National Service
Ankit Business Solution
Weson Finance and leasing Co.
Devyani International services
Seeker Heights India
Indo Asia Capital
credit search wealth management services
Hemant
AUS edtech India Pvt Ltd
Modus operandi
The above said accused, opened the fake company’s office at SCO No. 3 &4, near Hyundai agency Patiala road, Zirakpur. Earlier these fake finance companies were advertised all over India and through these advertisements, naïve /gullible people called the helpline numbers of fake finance companies. They used to tell them their complaints and then they used to get the processing fees and file charge of the loan transferred to their company’s bank accounts by taking them under the guise of giving loans to the naïve people at the low interest rate.
Since 2012, they have been sitting in the Zirakpur and cheating the naïve people. (In the year 2008, another company name Dhillon was taken over by them.
Note: 10 members of this gang have been arrested in the said case and their other 5 associates are yet to be arrested and will be arrested soon.