Popular YouTuber Elvish Yadav and comedian Bharti Singh have been summoned for the alleged scam of an application called HIBOX. The application HIBOX had attracted more than 30,000 investors with a promise of high return. The application decided to stop its operational work, and the users underwent huge financial loss.
As reported, the fraud was worth ₹500 crores. Investors were promised daily returns between 1% and 5%. Payments have stopped cold in July, leading to complaints.
Over 500 complaints have been lodged against this app. A full-scale police investigation into the matter is on. Delhi Police’s IFSO unit is probing the case.
The prime accused is employee of Sutrulla Express Private Limited, a director, J. Sivaraman. Elvish Yadav and Bharti Singh are suspected to have aggressively promoted the app.
Both the celebrities have been called by Delhi Police for interrogation. They misled the people to invest into the app by promoting it. Because of the involvement of such high profile personalities involved in the case, media coverage is huge.
Table of Contents Controversy erupts as YouTuber Elvish Yadav and comedian Bharti Singh summoned for HIBOX scam Comedian Bharti was previously behind the bars too! Controversy erupts as YouTuber Elvish Yadav and comedian Bharti Singh summoned for HIBOX scam Notably, it was promised as easy money with quick returns. Hundreds of thousand investors came to the app after the social media influence of Yadav and Singh attracted a followi.