ED seizes Rs 5.85 crore in part-time jobs fraud case

The Enforcement Directorate (ED) has conducted search actions on the 12 entities involved in part time job fraud case located in Bengaluru and seized Rs 5.85 crore under Prevention of Money Laundering Act.

The ED initiated money laundering investigation on the basis of one FIR registered in South CEN Police Station, Bengaluru City in the matter related to part time job fraud.

Investigation under PMLA revealed that gullible public mostly youth were cheated by some Chinese persons through a mobile App “Keepsharer” which promised them a part time job and collected money from them.

“These Chinese persons formed companies in India and recruited many Indians as directors, translators (for translating Mandarin to English and vice versa), Human Resource Manager and Tele callers.