The Enforcement Directorate (ED) has arrested a schoolteacher and a middleman who allegedly duped a person on the pretext of bailing him out in a money laundering probe related to a Chinese-linked mobile phone loan app fraud.
Middleman Jeetandra Prasad and Hindi language school teacher in Delhi government school, Dinesh Singh Kushwaha were taken into custody by the agency on February 25 and a court in Delhi later sent them to ED custody till March 3 and March 2 respectively, the agency said in a statement.
"These persons had taken Rs 2.6 crore from an accused named Vaibhav Dipak Shah in the Powerbank app case, through the hawala channel on the pretext of getting his work done from ED," it said. The ED first filed a complaint with the Special Cell of the Delhi Police and later filed its own case under the Prevention of Money Laundering Act (PMLA) against the two.
"The Enforcement Directorate took serious note of the incident and conducted searches at the premises of the two persons and later arrested them in the matter after finding them involved in dealing with proceeds of crime," it said.
The searches led to the recovery of Rs 47.5 lakh cash, forged summons/notices, duplicate official stamps, and digital data pertaining to huge cash transactions relating to cheating and fraud from the residence of Prasad, the ED said.
