Posted by CityPolice-Admin on 2026-03-25 11:37:33 |
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Hyderabad: The Hyderabad police, on Monday, March 23, arrested 32 people in connection with four cases of large-scale cheating linked to Vihaan Direct Selling Private Limited, a Hong Kong-based company.
The arrests were made by the Special Investigation Team (SIT) of Cyber Crime station (CCS) across Telangana, Andhra Pradesh and Bengaluru.
In a press conference, Hyderabad City Police Commissioner VC Sajjanar said that Vihaan Direct Selling Pvt. Ltd is owned by the QI Group, also known as Gold Quest and Quest Net.
The company projects itself as a product-based business on the front end, but allegedly runs an illegal money circulation scheme in the background
Apart from youth seeking employment, they target software engineers, business persons and homemakers. "Promising high-returns, the scammers would take advantage and cheat them," he said.
After gaining trust, the victims were invited to various hotels in Hitech City where the accused explained an investment plan without disclosing the company's name, and convinced them to invest Rs 5 to Rs 10 lakh, promising returns between Rs 3 to Rs 4 within two years.
The company projects itself as a product-based business on the front end, but allegedly runs an illegal money circulation scheme in the background
Apart from youth seeking employment, they target software engineers, business persons and homemakers. "Promising high-returns, the scammers would take advantage and cheat them," he said.
After gaining trust, the victims were invited to various hotels in Hitech City where the accused explained an investment plan without disclosing the company's name, and convinced them to invest Rs 5 to Rs 10 lakh, promising returns between Rs 3 to Rs 4 within two years.