Enforcement Directorate searched the homes and offices of fintech companies PhonePe, Google Pay, and Paytm in connection with a digital part-time job scam involving Chinese nationals.
In total, the ED raided 16 locations in Bengaluru and froze INR 1 Cr in 80 bank accounts belonging to various accused. So far, the agency has frozen approximately 80 bank accounts belonging to various accused. Residential and official properties associated with fintech giants such as PhonePe, Paytm, Google Pay, and Amazon Pay, as well as banks such as HDFC Bank and ICICI Bank, were raided. The chargesheet has so far named 50 people as accused, including two Chinese nationals.
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