PhonePe, Google Pay, and Paytm’s homes and offices were raided by the Enforcement Directorate in relation to a Chinese nationals-focused digital part-time employment scam.
The ED searched 16 different places in Bengaluru in total, freezing INR 1 Cr in 80 different accused parties’ bank accounts. The agency has so far frozen about 80 different suspected parties’ bank accounts. Residential and business properties connected to banks like HDFC Bank and ICICI Bank, as well as fintech behemoths like PhonePe, Paytm, Google Pay, and Amazon Pay, were searched. 50 people have been listed as accused in the chargesheet so far, including two Chinese citizens.
