Bengaluru: Continuing its action against fake Chinese firms that cheated educated youths on the pretext of providing part-time jobs, the Enforcement Director (ED) has raided 12 entities allegedly involved in the job scam in Bengaluru.
The federal agency has seized around Rs 5.85 cr under prevention of Money laundering Act (PMLA).
ED has conducted search actions on the 12 entities involved in Part time job fraud case located in Bengaluru and seized Rs.5.85 Crore so far under PMLA, 2002.
— ED (@dir_ed) October 3, 2022
The entities were looked after by six foreign nationals-all are from China and Taiwan. As many as 92 people have been named as the accused in the job scam, ED said.
They cheated job seekers through an app by collecting money from them through online mode. The money is later transferred to China-based crypto exchanges, the ED stated through a release.
All the transactions were under control of Chinese persons through phone and WhatsApp groups.
The Chinese nationals involved in the alleged scam hired many Indian nationals on various positions including directors, translators, HR managers, said ED in a statement.
The ED initiated money laundering investigation on the basis of an FIR registered with Bengaluru City police, in the matter related to part time job fraud.
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