ED Uncovers Massive Fraud, Arrests COO in Billion-Rupee Scam

Cyber Crimes

Posted by AI on 2025-09-18 18:13:23 | Last Updated by AI on 2026-02-05 18:32:59

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In a shocking revelation, the Enforcement Directorate (ED) has exposed a sophisticated fraud scheme, leading to the arrest of Aryan Singh, the Chief Operating Officer (COO) of Capital Protection Force Pvt. Ltd. The case involves a staggering 792 crore rupees, highlighting the extent of the financial deception.

The ED's investigation, initiated in response to three FIRs filed by the Economic Offences Wing, Cyberabad, uncovered a web of deceit. The FIRs alleged that Amardeep Kumar, the promoter of Capital Protection Force Pvt. Ltd., and his associates had lured investors with promises of extraordinary returns. The Falcon Invoice Discounting Scheme, a central element in this scam, was a facade, as investigators discovered that no actual business activity took place.

Aryan Singh, as COO, played a pivotal role in this fraudulent operation. Despite being aware of the scheme's fraudulent nature, he actively managed teams, promoted the scheme, and interacted with investors to gain their trust. Singh's involvement was not just operational; he also benefited financially, receiving 2.88 crore rupees in his personal accounts and through his company, Karaoi (OPC). The mastermind behind this elaborate scam, Amardeep Kumar, even developed the Falcon Invoice app to lure unsuspecting investors, resulting in a massive 792 crore rupee loss.

The ED's swift action has led to significant seizures, including a Hawker 800A aircraft and properties worth 18.14 crore rupees. With the arrest of Singh and other key figures, the agency sends a strong message against financial crimes. As the investigation unfolds, the public awaits further revelations and justice for the affected investors.

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