12 Indians arrested for running illegal networking business in Nepal

As many as 12 Indian nationals were arrested for allegedly running an illegal networking business and duping several people at Kathmandu in Nepal. All the accused belonged to Uttar Pradesh and were arrested from a hotel in the Nepalese capital on Friday while organising an orientation and training programme to run the illegal networking business for around 300 people, the Himalayan Times reported. Networking business, under which money is sent to foreign countries without any legal channel, has been banned by Nepal Rastra Bank.

"They were asking the people participating in the orientation to invest $1,250 promising them attractive return,” a spokesperson for the Metropolitan Crime Range DSP Hobindra Bogati was quoted as saying. He further said the arrested Indian nationals had opened an unregistered marketing company in Nepal named Shine Group International.

"The arrestees have already swindled many Nepalis in the name of the company," the official said.