Bhubaneswar: In 2022 till date, Economic Offences Wing (EOW) has taken up cases involving many new facets of financial crime. EOW has registered 22 cases involving diversified areas of financial crimes covering from Cheating and forgery in Real estate, Income tax fraud, online/ cyber frauds, job frauds to fake Digital Loan Apps operated through shell companies, mule accounts and virtual/cloud based numbers.
In 2022, in 22 cases, EOW detected fraud involving approximately more than Rs 100 Crores (figure will go upward as investigation progresses) and 60 fraudsters/accused persons were arrested from various states.
All these cases had extensive areas of operation from the interiors of India to places outside Indian territorial boundaries like China, Hong Kong, Thailand, Malaysia, Singapore, Nepal, Srilanka etc.
EOW worked with various Law enforcement agencies of Central and other states like ED, Income tax, FIU (Financial Intelligence Unit), RBI, Intelligence Bureau, Bureau of immigration, CBI/ Interpol,CISF, various banks, GST authorities, Mumbai Police, Delhi Police, Kolkata Police, Bangalore police, Hyderabad Police, Rajasthan Police etc.
EOW was also in regular touch with Google, Facebook, Whatsapp, Go-Daddy etc in connection with investigation of some cases.
Not only our action saved many persons from frauds but also because of proactive, comprehensive, multi-agency action taken in Digital Loan App fraud saved many lives. It is reported that 108 people committed…
