Delhi High Court Orders Investigation on Large-Scale Fraud through Illicit use of Reliance’s AJIO Trademark
The cheats, allegedly based in Kolkata, swindled money of unsuspecting customers through fake schemes
Delhi High Court Orders Investigation on Large-Scale Fraud through Illicit use of Reliance’s AJIO Trademark
The cheats, allegedly based in Kolkata, swindled money of unsuspecting customers through fake schemes
The Delhi High Court has directed the Cyber Cell of the Delhi Police to initiate a thorough investigation into a significant scam involving fraudulent collection of funds under the guise of Reliance Industries’ online fashion and lifestyle brand AJIO.
Reliance, the operator of the e-commerce platform www.ajio.com, had recently filed a complaint to protect its AJIO trademark and logo.
The bench of Justice Prathiba M. Singh instructed the city police to promptly adhere to the legal procedures and submit a progress report. It granted the force the liberty to submit additional requests deemed necessary to safeguard the welfare of the public.
The AJIO scam revolves around a nefarious scheme in which perpetrators employ scratch coupons, cards, and prize money offers to deceive unsuspecting individuals. Operating under the pretense of AJIO, the scammers coax people into depositing money for their deceptive schemes. Victims have reportedly been convinced to deposit sums ranging from Rs.5,000 to Rs.10,00,000 with the promise of gaining access to lucrative rewards.
The Court expressed that fraudsters were orchestrating the operations with the sole purpose of accumulating funds in the names of AJIO and AJIO Online Shopping Private Limited.
To curb such activities, the bench directed the freezing of certain bank accounts. It requested a comprehensive statement of account activities from inception to date. Additionally, KYC (Know Your Customer) details and any available pertinent information have been requisitioned by the banks.
Also, to thwart the scam, telecom service providers have been instructed to block the mobile numbers associated with these activities and provide documentation related to the identity of the individuals.
Meanwhile, Reliance’s lawsuit targets six individuals and entities (purportedly based in Kolkata) accused of sending deceptive communications under the guise of AJIO. The company alleged that money from unsuspecting customers was being swindled through fake schemes.
It came to light that scammers craftily used several mobile numbers and bank accounts to receive the deposits. Moreover, they convinced recipients not to use AJIO's official customer care numbers.