CID TELANGANA MADE MORE AREESTS IN FALCON SCAM.

In continuation to the arrest of Yogendra Singh, the CEO of Capital Protection Force Pvt Ltd (operating under Falcon Invoice Discounting
on 06-052025, the CID team investigating the case arrested two more accused on 17-052025.The two arrested individuals are:
1. Rabindra Prasad Singh, S/o. Kamta Singh, age 63 yrs, R/o. Hyderabad, N/o. Bihar 2. Smt. Susma Raj, W/o. Sandeep, age 31 yrs, R/o. Hyderabad, N/o. Bihar. They were apprehended in Bihar by a special team of CID, Telangana. Both are family members of the main accused A-2 Amardeep, (Chairman, Managing Director and Partner) of the company, and the accused A21 Sandeep, (Partner), who are currently absconding. The arrested individuals were actively involved in the commission of the crime and had received proceeds from it. After the case was reported they absconded and taking shelter in their native place. Incriminating material including large amounts of cash, fixed deposits, jewellery, bank cards and other documents were recovered from their possession. Through their interrogation, further properties purchased with crime proceeds have been identified. They are being brought to Hyderabad on transit remand and will be produced for judicial remand before the Hon’ble Magistrate. Seizures: 1. Cash of Rs.8,00,000/- 2. FDs worth Rs. lakhs. 3. Passports 4. 9 Mobile phones and 2 Tabs 5. Bank Credit/ Debit cards, Cheque books etc. 6. Property documents 7. Identification cards. The case pertains to “Criminal Breach of Trust, Cheating and Criminal Conspiracy.” The accused cheated the depositors, by developing Falcon Invoice Discounting Application (www.falconsgrup.com), and created fake deals on the name of reputed MNCs, induced the depositors on the pretext of high interest rates with short terms plans and collected about Rs.4,215 Crores from 7056 depositors.
As per initial estimates about 4065 victims were cheated to the tune of Rs.792 Crores. On the complaints of victims, 03 cases were registered as follows 1).Cr.No.10/2025, 2). Cr.No.11/2025 3).Cr.No.12/2025, This cases were registered U/Sections.316(2), 318(4), 61(2) of BNS* and Section 5 of TSPDEF Act, 1999 at EOW PS Cyberabad and transferred to CID, Telangana, Hyderabad for further investigation. Modus Operandi: The accused company M/s Capital Protection Force Pvt., Ltd., developed Falcon Invoice Discounting Application and advertised through Social Media platforms i.e., Google, YouTube, Instagram and through Tele-callers created fake deals in the name of MNCs and collected Crores of rupees as Deposits from the innocent depositors and issued invoice receipts and agreements and cheated the public. The accused A-23.Rabindra Singh is father of Amardeep and Sandeep. He started the Capital Protection Force as a manpower security and subsequently his son took over. He is actively involved in the commission of the case along with his sons. The accused A-24, Smt. Susma Raj is the wife of Sandeep and she helped the main accused, received the proceeds of the crime and living a lavish life. The whole family absconded from Hyderabad after the case was reported. A team of CID traced the accused in Bihar, arrested them and produced before the local court for transit remand. Active investigation is in progress for arresting all the absconding accused and establishing the case. The investigation is carried out by the CID under the directions of Smt. Shikha Goel, IPS, Director General, CID, TG, Hyderabad by DSP N.Ashok Kumar from EOW and his team under direct supervision of Smt. Venkata Laxmi, SP, EOW, CID. Public Advisory: People are requested not to believe online Ponzi schemes promising unbelievable return rates and not to invest their hard earned money into the online schemes. Stringent legal action will be initiated against any persons who run or facilitate such schemes.
Shikha Goel, IPS Director General, Crime Investigation Department, Telangana, Hyderabad. Date: 18-05-2025