NOIDA, July 24 -- Three persons, including a Chinese national who was allegedly staying illegally in India after his visa expired, have been arrested in Noida for operating a hawala network and setting up multiple shell companies to launder money, the Uttar Pradesh Special Task Force (STF) said The accused were identified as Chinese national Liao Longhui, currently residing in Sector 93, Noida, Sanjeev Kumar, a resident of Ghaziabad, and Kaushalendra, a resident of Auraiya, it said on Thursday evening.
Additional Superintendent of Police, STF Noida Unit, Rajkumar Mishra said the trio was arrested on Wednesday night from Purvanchal Silver City in Sector 93 following a probe into suspicious financial transactions.
According to the STF, the ...