With the arrest of a 28-year-old management graduate from Hyderabad, the Thane police today claimed to have bust a overseas employment racket here.
The racket came to light after a job aspirant, Saurabh Rao, who had completed his graduation came in contact with Paramount Services which was involved in providing overseas employment services, Rabodi police station inspector D B Bhange said here.
According to the police complaint, Paramount offered Rao a job and further studies in Singapore for which they asked him to deposit Rs 2.5 lakh in a private bank in Hyderabad promptly.
After making an online payment in the specified account, Rao made several calls to company representatives.
The mobile was switched off and when his repeated attempts to reach them failed, Rao approached the Cyber Cell of the Thane police which transferred the cheating case to Rabodi police.
Following this, an MBA graduate Arshad Ali, 28, from Hyderabad city was arrested recently. Also cash totaling Rs 40,000 was recovered from him, police said.
The Thane police team took assistance from their counterparts in Hyderabad and the bank staff in locating the cheat.
According to police, they are tracing three others who were also involved in the ongoing racket.
The police are also now trying to find out as to how many more job seekers this gang has cheated and what was the amount involved in the racket.
Offences have been registered against Ali and others under sections 420 and other sections of the IPC, police added.
