Chennai: A 40-year-old man wanted for last 12 years in connection with a series of job racket frauds in the information technology industry, was arrested by the Chennai police from Vijaywada in Andhra Pradesh on Sunday.
The arrested was identified as Sivakumar, who was running a firm named XDV tech in Maduravoyil and NXT Gipo tech in Alapakkam during the last decade. He had also opened branches in Mumbai and Bengaluru.
“His modus operandi was very simple. He recruits HR people and ask them to hire hundreds of software engineers by collecting Rs 30,000 to Rs 1 lakh as deposit. He paid his HR managers well and they believed him and recruited people after collecting money from them.
At XDV he had collected Rs 30,000 from 300 engineering graduates while in NXT he had collected Rs 20,000 to Rs 1 lakh from over 1,000 job aspirants and vanished with the cash.
“He mainly spent his money on a luxurious life. He had also sexually exploited women offering them jobs. Sleuths from Chennai city central crime branch were pursuing at least five cases against him” police said here.
There are also cases registered against him in Thuraipakkam and Madurai besides many cases in Mumbai and AP, the police said.
