Falcon COO Arrested for Rs 4,215 Crore Scam

Haydarabad: In a great development, the Crime Investigation Department (CID) officials on Sunday, Capital Protection Force Pvt. LTD’s Chief Business Officer (COO) Aaryan Singh, RS 792-Crore Falcon for his role in cheating case.

Aaryan Singh is also known as Aaryan Singh Chhabra, Vamsiram Jyothi Lotus apartment, Mla Colony, Banjara Hills. CID officers arrested him in Punjab, Bathinda and was produced in a local court for a transit arrest. He was brought to Haydarabad and was produced on Sunday for the trial of a peace judiciary in Haydarabad.

According to CID Chief Charu Sinha, Falcon Scam, accused, collected 4.215 RS from investors with a pre -designed penalty conspiracy. They developed a Falcon invoice discount application and created false opportunities on behalf of well -known multinational companies.

However, they warned deposit holders under the pretext of presenting high interest rates in short -term plans and collected approximately 4.215 Crore from 7,056 deposits. 4,065 victims were transferred to the 792 RS Crore melody.

The CID Chief said that the Capital Protection Force has developed the Falcon application and advertised through social media platforms and tele-carrars, created false opportunities on behalf of the MNCs, and collected rupees from innocent deposit holders and published invoice receipts and agreements and deceived the public.

“The defendant Aaryan Singh, the COO of the Sahin’s invoices, was actively involved with the defendants to attract and deceive the main defendant Amar Deep Gambling, Capital Protection Force General Manager and depositors. He was the face of the victims and the victims and the receipts. Sinha said.

Aaryan Singh directed a little 1.62 crore from Falcon funds to his account. When the crime was reported, he fled to Nanded, where he took refuge in Gurdwara and then to Bathinda. As a clue, a special CID Teangana team went to Bathinda and caught him.