Stories
Kadhi-Chhole Vendor to Mercedes Owner: Multi-Crore Investment Scam Uncovered in Haryana
- •An online investment racket in Haryana lured investors with promises of high returns, cryptocurrency profits, and even flats in Dubai, defrauding an estimated 8 crore rupees or more.
- •Rajesh Kumar alias 'Nana', who once ran a Kadhi-Chhole Chawal stall, is now linked to a luxurious farmhouse and expensive cars like Mercedes, Audi, and BMW, which have been seized by police.
- •Victims, including educated professionals, were shown continuously increasing balances on mobile apps, but the data was tampered with, making withdrawals impossible.
- •The scam involved platforms like Bloom Drive, LPNT Cryptocurrency, SOIL VERSE, and Mechai FX, with investors allegedly asked to transfer money between schemes and promised Dubai properties.
- •Four individuals, including Rajesh, have been arrested, and the investigation has expanded to Dubai, with lookout circulars issued for suspects believed to be abroad.
Key Questions Answered
Rajesh Kumar initially invested a small amount on an online platform named Bloom after an acquaintance connected him, and later invested about 2 lakh rupees in another platform. He then began connecting new people, attended seminars in cities like Chandigarh and Mohali, and eventually advanced to become a Senior Project Head within the network.
Investors were shown a continuously increasing balance on a mobile app, which made them believe their money was making a profit. The police allege that the data in these apps was tampered with so that investors saw millions in profit, though actual withdrawals were impossible and they were instead persuaded to reinvest in cryptocurrency or other schemes.
The police have seized a Mercedes car belonging to Rajesh Kumar, alongside vehicles such as an Audi Q5, Audi Q3, and a BMW associated with other members of the network. Authorities are preparing to seek court permission to auction these vehicles as property acquired through crime while investigating Rajesh's luxurious farmhouse and other properties.
