Archive · 5 Oct 2026
Haryana Investment Fraud Probe Follows Rajesh’s Rise From Food Cart
Police in Haryana are investigating an alleged investment scheme that promised people high returns.
Investigators say fake apps showed balances rising, even though the displayed profits may not have been real.
Investors were also reportedly promised flats or plots in Dubai.
Police describe Rajesh Kumar, also called Nana, as a local recruiter in the scheme.
The case came to light after contractor Ashok Kumar complained that he had lost Rs 60 lakh.
Four men have been arrested, and police have seized several cars and electronic devices.
Officers are examining the evidence and tracing money linked to the case.
They are also investigating suspected operators in Dubai.
The allegations have not been adjudicated, and the investigation is continuing.
Panchkula Police estimate the alleged Haryana-wide investment fraud at around Rs 8 crore or more.
Police describe Rajesh Kumar, also known as Nana, as a key local recruiter; four men have been arrested.
Investigators say fake apps displayed inflated balances, while investors were promised high returns and Dubai properties.
A complainant says he lost Rs 60 lakh, and people he introduced were unable to withdraw their money.
Police have seized luxury cars and electronic devices and issued Look-Out Circulars against two suspects believed to be in Dubai.
- Who
- Four arrested men are Rajesh Kumar, Udham Singh, Sushil Kumar and Sanjeev Kumar; police are also investigating other suspected operators.
- What
- An alleged investment and cryptocurrency fraud involving fake app balances, promised returns and Dubai property.
- When
- An FIR was lodged in July; the articles report that the investigation had widened about two months later. One article was published October 5, 2026.
- Where
- Complaints and suspected investors came from several Haryana districts; Panchkula cybercrime police are investigating.
- Why
- Police allege the network used apparent app profits, promises of high returns and Dubai property to attract investors.
Investigators and complainant
Other accused
Alleged investment scheme
Investigators and complainant
Police and complainant Ashok Kumar allege investors were drawn in with manipulated app balances, promises of high returns and Dubai properties, and that some could not withdraw their money.
Other accused
The articles provide no response or account from Rajesh Kumar or the other accused; the allegations have not been adjudicated.
- Estimated alleged fraud
- Around Rs 8 crore or more, according to police.
- Arrests
- Four: Rajesh Kumar and Udham Singh from Karnal, Sushil Kumar from Yamunanagar, and Sanjeev Kumar from Ladwa in Kurukshetra.
- Complainant
- Ashok Kumar, a Panchkula-based government contractor, says he lost Rs 60 lakh.
- Alleged app growth
- Police are examining a case in which about Rs 30 lakh allegedly appeared to grow to Rs 68 lakh in six months.
- Vehicles seized
- A Mercedes, Audi Q5, Audi Q3 and BMW; police have sought court permission to auction the vehicles.
- Other seized evidence
- At least six electronic devices, including Apple MacBooks, iPhones and other mobile phones, are undergoing examination.
- Platforms under investigation
- Bloom Drive, LPNT Cryptocurrency, MSVP (Meta Soil Verse Plan), SOIL VERSE and Mechai FX.
- Dubai-related action
- Police say Look-Out Circulars were issued against Ravinder Bangar and Happy Sheikh, believed to be in Dubai.
