ED has arrested Rohit Vij while taking major action in the Chinese app investment fraud case. According to the ED, Rohit Vij is one of the masterminds of this fraud. After the arrest, the ED raided 5 locations associated with it in Delhi, from where many necessary documents and evidence have been seized.
ED started this investigation on the basis of FIR registered in Hyderabad Cybercrime Police in 2022. The FIR stated that some Chinese citizens with the help of Indian citizens to people a fake investment app & lsquo; Loxam & rsquo; Cheated through This app used to promise false and big returns to people using the name of a famous France company.
This bank account had money from transfer
ED investigation revealed that the money that was deposited from this fraud is a shell company M/s Xindai Technologies Pvt. Ltd. Transfers were made to the bank account. This company was started in the name of an Indian, but control it was a Chinese citizen Mr. Jack. Used to do.
Jack took the money through about 38 different fake accounts by taking details of internet banking. After this, with the help of Rohit Vij and his associates, this money was converted into foreign currency.
Money was sent to China via hawala
According to the ED report, Rohit Vij and his people in Delhi’s two money changer companies M/s Ranjan Moneycorp Pvt. Ltd. And m/s kds forex pvt. Ltd. Through & nbsp; used to convert this black money into foreign currency (US dollars and UAE Dirham). This money was sent to China through hawala network.
7 months in 7 months, about 903 crore transactions & nbsp;
Investigation so far has revealed that only one company has a money laundering of about 171.47 crores through Xindai Technologies, but further when the bank records of Ranjan Moneycorp and KDS Forex were examined. Both these companies have done similar suspicious transactions of about 903 crores in just 7 months.
ED arrested Rohit Vij on 30 June 2025. The court sent him to 5 days ED custody. The ED says that further investigation is going on and soon more people may be arrested with this scam."https://www.abplive.com/news/india/NANASANALD- SONIA-seniar-edvocate- Abhishek- Abhishek- Manu-singhvi-singhvi-singhvi- Says- In-case- Case- Case-Case-Case- Strange- ANN-2973822222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222222"> ‘Neither money, no property changed, then …’, Sonia Gandhi’s lawyer on National Herald case