Gaming App Scam ED seizes Rs 17.32 cr in massive cash recovery from Kolkata businessman's house in gaming app scam
Kolkata: The Enforcement Directorate (ED) is conducting searches on six locations in connection with an investigation linked to an alleged case of fraud through a mobile gaming app. So far Rs 17.32 crore in cash and other property documents have been recovered, the probe agency said.
ED raided the premises of businessman Amir Khan's house in the Garden Reach area of the city under the Prevention of Money Laundering Act (PMLA) following a complaint by Federal Bank authorities.
Khan and others have been accused of defrauding the users of a mobile gaming app called E-Nuggets.
The raids started on Saturday and it took ED nearly 14.5 hours to conduct the searches, recover and count the cash and finally confiscate the money as per law.
"During the initial period, the users were rewarded with commission and the balance in the wallet could be withdrawn hassle-free. This provided initial confidence among users, and they started investing bigger amounts for greater percentage of commission and a greater number of purchase orders," the ED said in a press release.
Sources said, Amir Khan is absconding. His father Nisar Ahmed Khan owns the house where the heaps of illegal cash were hidden.
Detailing the alleged fraudsters' modus operandi, the ED said, "Further, after collecting handsome amount from the public, all of a sudden, the withdrawal from the said App, was stopped, at one or the other pretext viz. system upgradation, investigation by LEAs etc.
"Thereafter, all data including profile information was wiped off from the said App servers and only then the users understood the ploy."
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