Kingpins of ` 1cr Ponzi scam held
Agra: After two years on the run, two of the main accused in an internet Ponzi scam, which was busted in Ghaziabad in 2017 and is believed to have cheated over nearly 1.5 lakh investors, many of them in NCR, were arrested by Agra police on Saturday.
An FIR was lodged at Sikandra police station here against the director and associates of a Ghaziabad-based IT firm in 2017. Varun Kumar, a resident of Ghaziabad’s Crossings Republik, and his associate Amit Saxena, a resident of Omaxe Forest Spa in Noida, were picked up from Gurgaon and Lucknow, respectively. The duo is originally from UP’s Bijnor district.
According to police, in order to dodge arrest, Saxena regularly changed his location while Gupta maintained a low profile. In 2016, Varun Kumar alias Varun Gupta along with Aman Sharma — a resident of Bijnor — floated an IT firm named Payway IT Solutions Private Ltd in consultation with Saxena. The company was based in Pacific Business Park, Sahibabad. Co-founder Sharma and another accused, Saxena’s wife Juhi, are still on the run.
Police sources claimed that around 1.5 lakh investors of UP, Haryana, Delhi, Chhattisgarh, Madhya Pradesh, Rajasthan, Uttarakhand and Punjab were duped in less than six months of an estimated Rs 1,000 crore.
SSP, Agra, Babloo Kumar told TOI, “The matter came to light in Agra, after a local resident, Yashpal, lodged an FIR at Sikandra against the director and other associates of the IT firm. Yashpal had invested Rs 13.8 lakh that included money of his 14 family members.”
➤ 2 interconnected towers with 18 floors each to house all key offices of Delhi Police New Delhi: Police commissioner Amulya Patnaik has formed a special team of 21 officers to ensure the completion of the new police headquarters near the Parliament Street within a month. The team is being led by a special commissioner. A source said that the building is likely to be inaugurated on October 30.
However, a ground reality check by TOIrevealed that the work may take another five-six months for completion. While exteriors of the building are almost ready, the interior construction work is still in process. Work on laying of the courtyard with cobbled stone and fitting window glasses is also in progress.
Apolice team is, meanwhile, monitoring the day-to-day
activities of the contract workers. The 18-storey complex, which will come up at Jai Singh Marg, will have state-of the-art facilities, including modern communication systems and security apparatus. It will also house units like vigilance, crime records and PCR, apart from other special units under the same roof.
Patnaik has been devoting a lot of time on the new building for the past one year. He wants to inaugurate it before his retirement, said the source.
The project was initially scheduled to be completed in 2015, but was delayed due to lack of clearances from the green bodies and the other agencies concerned.
The then home minister Sushil Kumar Shinde had even skipped the foundation stone-laying ceremony on July 26, 2013, citing inadequacy in
the documentation for the project. As Shinde did not turn up, the foundation stone-laying event was converted into a 'bhoomi pujan event’. The contract for the project was finally awarded to a Mumbaibased construction firm in 2016. The construction work began after an old government building situated at the same site was demolished.
After Patnaik took charge in 2017, a separate unit under a special commissioner was formed to look after the housing projects. According to the Delhi Police annual review, 80% of the work has been completed at the new headquarters building.
The new building is being built at a cost of Rs 1,095 crore under the public-private partnership (PPP) model. It is being constructed on an 8.02 acres plot with a parking area for more than 200 cars.