In a major breakthrough, the Uttarakhand STF has arrested chartered accountant Abhishek Agarwal, accused of scamming over ₹750 crore through fraudulent loan apps. He was caught at Indira Gandhi International Airport in Delhi while attempting to flee to Thailand.
According to SSP STF Navneet Bhullar, the accused collaborated with Chinese nationals to create several shell companies through which the massive scam was orchestrated. These fake loan apps trapped thousands of victims across India. Investigations revealed that much of the defrauded money was routed to China.
Abhishek Agarwal and his associate Ankur Dhingra from Gurugram were the masterminds behind these operations. Multiple shell companies were co-directed by Chinese citizens. While Ankur was arrested in 2023, Abhishek had been absconding since 2022. A lookout circular had been issued against him.
The STF tracked his movement and intercepted him just in time at the airport, preventing his escape.
