3 weeks ago

ED raided five Munger sites over digital job investment fraud

ED raided five Munger sites over digital job investment fraud
ED raids five locations in Bihar's Munger over 'digital job' investment fraud · wionews.com

Some officers called the Enforcement Directorate went to five places in a district called Munger in India to search for clues.

They were looking into a trick that cheated people out of their money.

A music company had promised people something called a 'digital job.'

The company said people could give them a lot of money, about Rs 2,56,500.

In return, people had to watch lots of videos and audio clips on a website every month.

The company promised to pay them Rs 15,000 every month.

Some people were also promised bikes and cars if they brought in more investors.

But after people gave their money, a software engineer at the company is said to have made the website slow on purpose.

Now the officers are investigating to find out what really happened to the money.

Key facts

Agency
Enforcement Directorate, Patna zonal office
Locations raided
Five places in Munger district, Bihar
Legal provision
Section 17 of the Prevention of Money Laundering Act (PMLA)
Investment amount
Rs 2,56,500 per investor
Promised monthly earnings
Rs 15,000 per month
Required activity
Watching 4,800 audio and videos on the company's website per month
Company location
Jamalpur, Munger, Bihar
Date of operation
Thursday, August 6

Quotes

Officials

Representatives from the Enforcement Directorate Patna office

“The scam enticed individuals with promises of a "digital job" and doubling their investment. The potential investors were lured by investing Rs 2,56,500 and watching 4,800 audio and videos on the company's website per month; they would earn Rs 15,000 monthly, with promises of additional bonuses for more engagement.”
wionews.com

Sources

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