CCS books case over Rs 2,000 cr cyber crime

The RoC identified that in the guise of online gaming and investment, the fraud was done through software apps called mall 008, mall 98

Hyderabad: The Hyderabad Central Crime Station police booked a case over a large-scale cyber crime scam that came to light in the city after the Registrar of Companies (RoC) filed a complaint against 13 shell companies.

It is alleged that under the guise of online gaming and investment, the RoC identified more than Rs 2,000 crore fraud, which was reportedly operated through software applications called mall 008, mall 98, YS0123, rebate etc, sources said.

A whopping Rs 2,000 crore was reportedly transferred to Hong Kong and RoC has lodged a complaint with the Central Crime Station against 13 shell companies on Friday. There are allegedly Chinese links to the formation of shell companies and so far the police have made one arrest in the case for setting up the shell company.

RoC has filed a complaint against directors, chairmen and promoters of these companies.

These companies have forged the documents and have taken permits and the police suspect the money was moved around via hawala transaction, sources said.

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