Breaking news:
Rahul Gandhi Claims Mayawati Declined Anti-BJP Alliance; She Fires Back | Customs Tells Court Skoda Volkswagen Cannot Claim 'Victim Card' Over Tax Notice | Musk Criticizes Ukraine’s Zelensky Over Past Vogue Photoshoot Amid Wartime Casualties | Honey Singh Lands in Mumbai for Sold-Out Live Concert
Logo

Rhea Chakraborty Questioned in Rs 500 Crore HiBox Scam Investigation

Rhea Chakraborty, along with several influencers, has been questioned by the Delhi Police regarding their role in promoting a fraudulent investment app that duped thousands 

06-10-2024
image
   

Rhea Chakraborty has recently returned to the spotlight, not only for her re-entry into the entertainment world with a podcast but also due to her involvement in an ongoing investigation. She, along with several other prominent figures, has been summoned by the Delhi Police in connection to a large-scale app-based scam. This scam, allegedly worth around Rs 500 crore, involved the promotion of a fraudulent app called HiBox, which falsely promised high investment returns.

The scam gained traction as celebrities and influencers with large social media followings endorsed the app, leading many users to invest substantial amounts of money. Among those questioned alongside Rhea are comedian Bharti Singh and YouTuber Elvish Yadav. The investigation was prompted by numerous complaints from victims who claimed they were misled into investing in the app after seeing promotional content from their favorite influencers.

According to Hemant Tiwari, Deputy Commissioner of Police (IFSO), HiBox was part of a well-planned scheme that assured investors daily returns ranging from 1% to 5%, with monthly returns promised to be between 30% to 90%. More than 30,000 individuals were reportedly duped by the app. While the app initially paid out profits in the early months following its launch in February, by July, it began withholding payments, citing technical and legal challenges.

Several influencers, including Saurav Joshi, Abhishek Malhan, Harsh Limbachiya, and others, have received legal notices regarding their involvement with the app. Meanwhile, the main accused, Sivaram from Chennai, has been arrested, with authorities seizing Rs 18 crore from his accounts as part of the ongoing investigation.

Image

Samay Raina Addresses Controversy with Humor During Canada Tour

Comedian Samay Raina broke his silence on the 'India's Got Latent' controversy while performing in E

Read More
Image

Ben Stiller, Goldie Hawn, Willem Dafoe Among Presenters at 97th Oscars

The Academy has revealed an exciting lineup of presenters, including Ben Stiller, Goldie Hawn, and W

Read More
Image

Raj Babbar on Son Prateik Babbar’s Wedding Snub: 'Men Keep Getting Married'

Prateik Babbar’s intimate wedding with Priya Banerjee took place without inviting the Babbar famil

Read More