Ministry of Corporate Affairs conducted search and seizure operations on several companies after which the Serious Fraud Investigation Office (SFIO) arrested the mastermind and chief plotter in a racket of incorporating many shell companies with Chinese links in India.
Dortse, a board member of Jillian Consultants India has been arrested, Press Information Bureau said on Sunday. Evidence found during the search and seizure operations showed Directors were paid by Jillian India to act as dummy Directors in several shell companies, according to Ministry of Corporate Affairs. Investigation hinted at possible involvement of these shell companies in serious financial crimes.
Indian employees at Jilian Consultants were in touch with Chinese workers through a Chinese instant messaging app.