Chartered Accountant (CA) Abhishek Agarwal, accused of defrauding more than Rs 750 crore by spreading a web of loan apps across the country, has been arrested from Indira Gandhi International Airport in Delhi. The Uttarakhand STF caught him when he was trying to flee to Thailand. The accused formed several shell companies in connivance with Chinese citizens and committed fraud through fake loan apps. The police had registered a case against him in 2022.
The money was sent to China
SSP STF Navneet Bhullar said that the shell companies were being run by Gurugram’s Ankur Dhingra and Abhishek together. The co-directors of many of these companies are Chinese citizens. Most of the defrauded money was sent to China. The police caught Ankur from Gurugram in 2023, but Abhishek was absconding. A look-out circular was issued against him.