Woman Running Fake Cab App Racket In Delhi Arrested, Had Duped Over 1000 People Of Rs 250 Cr

Delhi Police’s Economic Offences Wing has taken custody of a woman who was a director of a company that allegedly duped about 1000 people of Rs 250 crore by inducing them to invest in a new cab aggregator project, as per a TNN report.?

The project called “Hello Taxi” was never in motion. Police said that the money was never returned to the investors.?

The alleged company initially paid returns to some investors to win their confidence but stopped payments after collecting huge amounts and fled after closing their offices.?

The accused, Daisey Menon (47), the woman director of bogus company Hello Taxi, was arrested from Goa. Police had received a complaint against the company, SMP Impex, and its directors last year.?

“The directors of the accused company actively induced the victims to part with their money on the pretext of high returns by investing their funds into Hello Taxi company. The alleged company accepted bookings from the investors without taking approval from the concerned authorities like RBI/SEBI,” said OP Mishra, joint commissioner (EOW). The victims had invested money after being promised returns up to 200%. The company initially paid returns to some of their investors but stopped the payments after collecting huge money and fled away closing their offices.?

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“The locations of the company also changed frequently to trap fresh victims. Initially, it started its operation from Ghaziabad, and after some months, it was shifted to Patparganj and then to Rohini,” Joint CP Mishra said.?

60 new cars seized

After conducting an exhaustive probe, the cops launched a crackdown. The bank statements of the company were scrutinised and over Rs 3.2 crore was frozen. Further, 60 new Hyundai Xcent cars worth Rs 3.5 crore purchased from the cheated amount were also seized.?

The accused directors were evading investigation from initial stages and later found absconding. Eventually, they were declared proclaimed offenders by the court. One of the directors, Rajesh Mahto, was arrested in August and he gave leads about the co-accused, police said. Several teams were constituted to trace and apprehend the others.?

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“The accused fooled the public by organising event meetings and seminars at five-star hotels and employed smart people to create a false aura around their victims,” joint CP Mishra added.