Look Out Circular against three more Chinese Citizens in mega online Ponzi scam
Bureau.odishabarta
Bhubaneswar:On the request of Economic Offence Wing Odisha, Bureau of Immigration (BOI), Ministry of Home Affairs, Govt. of India has issued LOC (Look Out Circular) against 03 more Chinese citizens (02 male and 01 female), all main accused and close associates of Guanhua Wang, in mega online Ponzi scam.
1. Liu Huan
2. Wenhui Zheng
3. Xu Xiaolu
This refers to EOW Case No.19/2023 U/S 419/420/467/468/471/120-B IPC, Sec.66-C & 66-D IT Act/ Sec.6 OPID Act related to a huge pan-India online Ponzi scam involving fraud and siphoning of hundreds of crores rupees out of India using a complex network of mule bank accounts, shell companies/ firms and Crypto-traders.
