Delhi police summon Elvish Yadav, Bharti Singh for their connection to a ₹500 crore HiBox app investment fraud.
Delhi police have summoned YouTuber Elvish Yadav and comedian Bharti Singh in connection with a ₹500 crore ($67.5 million) investment fraud involving the HiBox mobile app. The app, promoted by various influencers, promised high returns but stopped payments in July, defrauding over 30,000 investors. The mastermind, Sivaram, has been arrested, and ₹18 crore has been seized. Investigations into payment gateways and other conspirators are ongoing.
October 03, 2024
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