AHMEDABAD: Rakhial police arrested two persons, both residents of Indore, who had floated a fake biodiesel company with their office address shown at Rakhial on their website.
Complaints against the company had been forwarded from the Prime Minister’s Office.
With the use of a website and a call center run from Indore, the fraudsters were cheating buyers of biodiesel who believed their story.
Senior police inspector of Rakhial, J V Rathod said all accused have been booked under IPC Section 406 (criminal breach of trust), 507 (intimidation by anonymous communication) and Section 114 (abettor present during offence).
Two kingpins, Niraj and Rita Tiwari, both residents of Indore were arrested by cops who went to Madhya Pradesh.
Another 12 accused are absconding.
After raiding the office of Inter Global Resources Top Petroleum Products in Indore, police seized seven bank accounts, nine mobiles, and a computer.
They found Rs 10 lakh in bank account of the fraud company.
Police said the fraudsters had made a contract for office at Rakhial to show an address in Ahmedabad, Gujarat, and there was no operation of the company here.
Achal Tyagi, DCP Zone-V, said the fraudsters used to give recruitment advertisements for biodiesel salespersons.
They used to offer Rs 10,000 as salary.
One Nagesh, who is the mastermind of the racket had made the contract for the Rakhial address, and he used to conduct final communication with the fraud victims once they fell in their trap.
“In case any of the salespersons complained about non-delivery of the biodiesel, he was immediately sacked.
Several complaints about the company were received by the PMO, the chief minister’s office, and even at the police station,” Tyagi said.“Once we began the probe in earnest, Nagesh switched off his phone and became untraceable,” he added.
‘Biodiesel’ cheater racket busted, 2 held from Indore
