60,000 People Duped Of Rs 100 Crore In Job Scam, 6 Arrested In UP
Kanpur police have arrested six individuals involved in a multi-level marketing scam that defrauded 60,000 people of Rs 100 crore. The syndicate used fake job offers and unregistered Ayurvedic products to lure unemployed youth across several Indian states.
Why it matters
This case exposes the vulnerability of unemployed youth to large-scale financial fraud and highlights the prevalence of pyramid schemes in the region.
The Kanpur Police on Monday claimed to have busted an inter-state multi-level marketing (MLM) racket that allegedly duped more than 60,000 people of nearly Rs 100 crore with fake job offers and selling unregistered Ayurvedic products.The police have also arrested six people.A joint team of the Cyber Cell, Crime Branch and Hanumant Vihar police arrested six alleged members of the syndicate during a raid at Mangalam garden on Arra Road in Barra, police said.The accused have been identified as Ravindra Yadav, Kamlesh Kumar and Mantosh Paswan, all from Bihar; Rohit Shaw from West Bengal; Mangal Shakya from Madhya Pradesh; and Raju Kumar from Deoria in Uttar Pradesh.However, the alleged kingpins, including the company's two managing directors, are still absconding.Raghubir Lal, Commissioner of Police, told PTI that the accused operated under the names Win Maker Ayurveda and Win Maker Wellness Pvt Ltd, targeting unemployed youth in UP, Bihar, Jharkhand and several…
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