Bhubaneswar: Continuing its crackdown on online ponzi scam, the Economic Offence Wing (EOW) of Odisha has arrested the India head of the Chinese racket from Tamil Nadu on Monday. The accused was identified as S. Chitravel (31), an MBA graduate. He was nabbed from Aviyur near Madurai for his alleged involvement in the mega online Chinese earning App. Chitravel was produced before local court in Tamil Nadu before being brought to Odisha and produced before OPID Court Cuttack on Wednesday. He has been granted  five days police remand.

As per the press release, mastermind of this scam Guanhua Wang (40) of Hangzhou, along with two other Chinese nationals (one male and one female) had come to India in 2019 and stayed in Bangalore for few months. They created atleast 3 Shell companies based in Bangalore to run different Cyber-financial scams.
In one of such company, namely in “Bettec Technologies Private Limited”, Chitravel was made director. During Covid time the trio went back to China but continued running the scam through Chitravel and some other such hired
directors and facilitators. Chitravel used to get Rs 1 lakh per month to run the illegal scam in India.

The release further stated that the Chinese were running illegal digital Loan Apps in which many people had committed suicides after being trapped. Chitravel used to supervise the gang who used to threaten and send the morphed porn pictures of loan victims and their family members/ friends/contacts.

After banning of loan apps, they started running Earning Apps, online betting and other App based cyber-financial frauds. They were using the morphed photos of celebrities like Amitabh Bachhan, Mukesh Ambani, Ratan Tata, Sachin Tendukar, Technical Guruji ( famous You Tuber), Urfi Javed etc. in their online Ads
to lure the new investors/ victims.

However this time, they had developed their software/ Apps in China but got it registered/ uploaded from India so that it can be masked as an Indian product/App.