Thursday | Jun 26 2025 | 01:48:53 AM
New Delhi, October 27
The Kolkata Police have arrested four persons in connection with the recovery of crores of rupees from two apartments in Howarh in the online fraud case.
The accused were identified as Shailesh Kumar Pandey (49), Arvind Kumar Pandey (35) and Rohit Pandey (29) from Rourkela in Odisha. The fourth accused Prasenjit Das (42) was arrested from Ahmedabad in Gujarat.
The police had issued a look-out circular (LOC) against Shailesh, a businessman and chartered accountant, and his brothers Arvind and Rohit after the raid.
As per the case details, Shailesh and his brothers were allegedly running an online racket that lured people to take lessons in online foreign exchange trading by promising high returns. The operation was being run through a mobile phone app. It is also alleged that the accused were involved in converting black money into white.
The officials added that Pandey brothers were directly involved in the fraud, Prasenjit had created a rent agreement for the office address which was submitted for opening a bank account where transactions worth crores of rupees were made.
The Canara Bank had submitted an initial complaint after coming across suspicious transactions in some accounts.
The Kolkata Police had seized Rs 8.15 crore besides jewellery and laptops during raids recently.
