Delhi Police Summons YouTuber Elvish Yadav, Comedian Bharti in Rs 500 Cr App-Based Scam Case

New Delhi: As part of its investigation, Delhi Police has summoned YouTuber Elvish Yadav and comedian Bharti Singh and three others in an app-based fraud of Rs 500 crore. , an They were summoned following over 500 complaints alleging that many social media influencers and YouTubers promoted the HIBOX mobile application on their pages to lure people into investing through the app.

The mastermind of this App scam, Sivaram (30) has been arrested and Rs 18 crore has been seized from his four different bank accounts.

As per the complaint, social media influencers and YouTubers including Saurav Joshi, Abhishek Malhan, Purav Jha, Elvish Yadav, Bharti Singh, Harsh Limbachiya, Lakshay Choudhary, Adarsh Singh, Amit, and Dilraj Singh Rawat promoted the HIBOX mobile application that was part of a well-planned scam. This fraud App promised guaranteed returns of one to five per cent daily, amounting to 30 to 90 per cent return in a month.

Over 30,000 gullible investors were conned by this App launched in February 2024.

During the initial five months, the investors received high returns. But no payments were made after July. The company disappeared after closing the office in Noida in Uttar Pradesh.