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Mohit Goyal, who announced a Rs 251 smartphone was arrested again

Mohit Goyal who announced a Rs 251 smartphone was arrested again
Mohit Goyal who announced a Rs 251 smartphone was arrested again

His idea of a smartphone for Rs 251 vanished without a trace but not Mohit Goel. The Noida-based entrepreneur, who had started the corporate Ringing Bells and named the phone it planned to launch ‘Freedom 251’, has been shooting up on the police radar since. This time, Goel stands accused of cheating many dry fruit traders in what police say may be a Rs 200-crore fraud. Goel, who was running a corporation called Dubai Dry fruits and Spices Hub with five others, was arrested on Sunday evening near Meghdootam Park in Sector 51. Among police’s immediate recoveries were an Audi, 60 kg dry fruits and documents.

The corporate operated out of Corenthum, the premier office complex in Sector 62, and paid a rent of Rs 3 lakh per month. Police said that they had received a minimum of 40 written complaints of fraud against it from traders across the country in Punjab, Haryana, UP, West Bengal , Rajasthan, Delhi, Karnataka, Andhra Pradesh and a couple of other states. Goel and a minimum of four others ran the corporate . Among their employees were three foreigners, who handled the front office as receptionists, police said.

Additional Commissioner of Police (Law and Order) Love Kumar said the corporate has duped money from several people and an FIR was lodged against it in December. the corporate has fraud cases lodged against it in Uttar Pradesh , Punjab, Haryana, West Bengal, Maharashtra, Karnataka and “some other” south Indian states, the officer said.

A Noida Police statement pegged the fraud amount running into “billions of rupees” and therefore the number of persons duped by the corporate as “thousands”. “During investigation, the Noida police team found two accused Mohit Goel and Omprakash Jaangid and arrested them,” Kumar told reporters.

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