This is the stock trading app linked to Rs 500 crore investment fraud; YouTubers Elvish Yadav, Bharti Singh among 5 summoned
By
Isha Sharma
Delhi police have arrested the main accused in the HiBox investment scam, a large-scale fraud that duped over 30,000 people. The Intelligence Fusion and Strategic Operations Unit (IFSO) apprehended a 30-year-old Chennai resident in connection with the Rs 500 crore stock trading app scam. The investment app HIBOX was launched in February 2024.
Police have seized Rs 18 crore from Sivaram’s bank accounts.