Hyderabad: Another fraudulent job recruitment racket has been busted by police officials under the direct supervision of Sri Mahesh M Bhagwat IPS, Commissioner of Police, Rachakonda, under the guidance of Sri Uma Shanker Sharma, Deputy Commissioner of Police, Sri G. Sundee and others upon receiving the information from job seekers and financial institution regarding duping job seekers and cheating financial institutions.
Police officials seized Rs. 5 Lakhs Cash, 50 Debit cards, Credit cards fake Identities, pan cards, voter ID cards and cheque books and 6 mobile phones, 2 Laptops from the accused Poti Reddy Chandra Sekhar Reddy, B.Tech graduate; Nekkanti Subash Kumar, Yadagani Balaji and Kagitala Habeeb. All theaccused persons along with few others have enacted as the employees of companies namely M/s. Xevax Pharma Pvt. Limited; M/s. Stannum IT Solutions Pvt. Ltd. and M/s. Haptic Technologies Pvt. Ltd. and also have availed credit cards and loans in their names as well as in the names of their friends and relatives showing them as bonafide employees of the companies whereas such people were never working there.
They also stage-managed by creating relevant salary records when the banks’ field officers visited their office for verification. These companies were registered with Registrar of Companies even though the companies had no genuine operations. In this fashion they have obtained loans and credit cards from reputed banks like HDFC bank, Indusind Bank, Kotak Bank, RBL Bank, Capital First and Bajaj Finance to the extent of Rs.50 lakhs and lured job seekers by asking Rs. 50,000/-for providing assured job and RS. 25,000/- for making fake experience and salary certificates. They have dumped 200 people to spend the money obtained from these fraudulent means in leading lavish lifestyle and buying costly electronic gadgets like Cellphones, Laptops etc. The same are seized from their possession.
Criminal cases are registered against these accused in various police stations under Crime No. 210/2017 of Bowenpalli PS of Hyderabad City, Crime No. 503/2017 of Neredmet PS & Crime no. 645 /2017 of Uppal PS of Rachakonda Commissionerate.
Police has issued an advisory notice for General Public stating not to entertain such people who offer jobs in the name of money and asked the financial institutions to check the credentials of the company / organizations whose employees are seeking any sort of financial assistance before sanctioning.