What Is Vivo Scam?
It all happened between 2018 in 2031 and more than 23 business companies in India were involved in this scam. Chartered accountant anything Garg is the main culprit of and with some few foreigners and we were directed this crime was performed. Many of them already left the country in 2021 and 23 companies have transferred use amounts to the Chinese mobile manufacturer and which is almost 50% of their total turnover in the subcontinent region. Distance makes huge losses for the Indian Government.
Vivo Scandal Explained
And avoid paying taxes and the government officers are going to try to catch money laundering by such Chinese companies and district actions will be taken on a financial basis. Recently a very huge money laundering and fraud case was detected in a bank and Shipyard company. The enforcement officials conducted many raids at 44 locations across the nation connected with this Chinese mobile company and they received a huge amount of money. Now they are going to investigate some partners of these businesses.
Vivo Scam Is All About
And scan for more irregularities in financial statements made by Visa Institutions. The investigation department is looking for information and this will all lie under The Criminal Section of the prevention of money laundering act. After the Raid, they obtained more than 465 crore rupees in different bank accounts and 2 kg of gold. We hope that the criminals and culprits will be brought to justice and these companies will know their Responsibility in the development of the nation. We will be back with some more information regarding this whole event and till then stay tuned to our website for more updates.
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