Overview

• On July 29, a Ghaziabad court approved the UP STF’s request to hold Harshvardhan Jain in custody until August 2 for in-depth interrogation
• Officers are examining electronic devices and a diary recovered from Jain’s Kavi Nagar bungalow that lists numerous bank accounts, contacts and shell firms
• The probe targets 11 offshore accounts and 25 shell companies across Dubai, Mauritius, London and India suspected of channeling hawala funds
• Authorities have applied to Interpol for a Blue Corner Notice to freeze Jain’s assets abroad and map his transnational network
• Investigators are reviewing about 60 victim complaints alleging they paid lakhs of rupees under false promises of overseas employment