New Delhi: In a large scale financial fraud, a 47-year-old woman who has allegedly duped over 900 people to the tune of Rs 250 crore by luring them on the pretext of huge returns on investment in her app-based taxi company, has been arrested from south Goa. Also Read: Delhi Gasps For Air As AQI Degrades To 'Very poor' Category; Know How Does It Affect Health


In their chase, the police arrested Daisey Menon, the woman director of bogus company Hello Taxi from Goa. As per the police complaint lodged in 2019, the accused along with her business partners Saroj Mahapatra, Rajesh Mahto, Sunder Bhati and Harish Bhati have duped people after promising higher rates of interest up to 200 per cent on a monthly basis on investment in her company called ‘Hello Taxi’.

As per the news agency PTI, the accused neither paid interest nor returned the money. During investigation, it was found that the directors of the company actively induced the victims to part with their money on the pretext of high returns by investing into Hello Taxi company.

The fraud company accepted bookings from the investors without taking approval from the concerned authorities like RBI or SEBI. Initially they paid returns to the investors in an attempt to win their confidence, but later stopped the payments after collecting huge amount and escaped. The accused also frequently changed their offices. Initially, the company’s office was in Ghaziabad and after a couple of months, the office was shifted to Patparganj Industrial Area and later to Sector-16, Rohini, Mishra said.

The company’s bank statements were scrutinised and its bank accounts containing Rs 3,27,48,495 were frozen.

Sixty new cars worth Rs 3.5 crore purchased from cheated amount were seized from Noida. Earlier the co-accused Rajesh Mahto was arrested on August 23. Several teams were constituted to trace and nab the accused persons. On the basis of secret information, police apprehended the woman from south Goa, as per the PTI report.

Police said efforts were underway to nab their accomplices.