Some of the links in this article are "affiliate links", a link with a special tracking code. This means if you click on an affiliate link and purchase the item, we will receive an affiliate commission.
The price of the item is the same whether it is an affiliate link or not. Regardless, we only recommend products or services we believe will add value to our readers.
By using the affiliate links, you are helping support our Website, and we genuinely appreciate your support.
[matched_title]
Saifuddin was running Saif International, a shell firm through which the racket was operated. He was arrested in February following a complaint from Padmanabhan, who had paid Rs 1.25 lakh for a meat cutter’s job in Poland. Subsequent investigation revealed 193 victims who were cheated of Rs 2.23 crore using the same modus operandi.
Police sources said Vinay received Rs 33 lakh from two individuals, around Rs 1.1 crore through a stationery shop, Rs 17 lakh via a realty investment firm, and about Rs 40 lakh through hawala channels. These entities were based in Andhra Pradesh and Kerala, and Saifuddin allegedly routed the proceeds of crime to Vinay through them, police sources said. This Rs 1.67 crore, police believe, is part of the proceeds of crime.
Police also found that Saif International was not registered with the Protector of Emigrants, which is mandatory for firms arranging overseas jobs.
Though the case was solved in February, they had been waiting for Vinay’s return to India. His passport was seized upon arrival and police said investigation will continue to uncover the money trail and recover it.
BBM JOB
