Hawala too takes the digital route

Vishwas News

Hyderabad, Mar 10:After cricket bookies and punters, flesh traders and their ilk, hawala racketeers too now have taken to WhatsApp for smooth communication, if recent cases are any indication.
The Hyderabad City Police, who busted two major hawala rackets in the city already this year, believe agents here have a strong network with their counterparts in other metro cities in the country and that their dealings are mostly initiated, discussed and settled over popular messaging app WhatsApp before the exchange of cash.
"Racketeers here have a strong base and agents set up in all major cities like Delhi, Mumbai, Kolkata and Bengaluru who deliver cash as per instructions. A percentage between 0.6 to 0.8 is taken as commission for the total amount to be delivered," police said. Earlier a currency note was cut into two halves and used as a code. There were books and computer data maintained. Now, it is WhatsApp, said a senior official.
"With new technology coming in, racketeers are using WhatsApp for communication. The supplier will call his agent and inform about the party, send a picture over WhatsApp of the serial number note as a code. When the code is shown, the amount is handed over by the agent," a senior Task Force official said. It is not just businessmen who have used the hawala network to bring cash into Hyderabad. The National Investigation Agency (NIA), which is probing the Dilsukhnagar twin blasts cases, had earlier revealed that terror operatives who carried out the blasts were reportedly funded through a hawala network.
"There is a possibility of anti-social elements too using this channel, but as if now, we have no proof of it. But it is a strong possibility as they cannot get money from elsewhere legally," police said. Many jewellers, traders and construction contractors too opt for hawala. "Withdrawal of huge sums of cash from bank has many restrictions, so they opt for hawala. Traders and contractors who pay huge money as daily wages also are part of the network," officials said.
Tackling the hawala menace is not the job of the police alone, with the Income Tax department too having a role to play. The police busts the racket using their informant network, and then the case is handed over to the Income Tax department.
Source: Vishwas News


  
  

Comments


SonjaJak says...
cbd oil for dogs with allergies cbd hemp oil for dogs with arthritis cbdibusiness log in cbd oil for pain and anxiety reviews of cbd oil for treatment of anxiety how does cbd oil work for pain management cbd oil benefits webmd cbd hemp oil for pain reviews

SonjaJak says...
cbd infused gummies wholesale diamond cbd gummies reviews vegan organic cbd gummies buy cbd gummies online purchase cbd oil gummies online largest wholesale cbd gummies ordering cbd gummies online largest wholesale cbd gummies


Add Comment

Name:
Email:
Comment:

More Hyderabad News


Musi clean-up gains pace ..


Telangana will protect sericulture farmers, says Etela Rajender ..

- TS issues guidelines for implementing Economic Support Schemes
- Global meet on blockchain in Hyderabad
- Fighting rain, flood for Medigadda dream
- Youth, woman held for murder
- Thousands offer 'bonam' to goddess at Golconda
- Tech to scale up healthcare
- Tighter security cover for 16 Metro stations
- New footpaths covering 310 km soon
- Forest offenders to face PD Act: DGP
- National Health Mission lauds Telangana for healthcare
- Few Muslims in Central paramilitary forces, says Asaduddin Owaisi
- Lightning, flood alert systems in TS soon
- Azharuddin keen to contest LS polls from Secunderabad
- Will focus on urban areas after 2019, says KTR
- Zoho to set up two data centres in India
- Telangana Vaidya Vidhan Parishad gets 919 specialist doctors
- Irrigation Dept Chief Engineer in ACB net
- Katrina Kaif's response to Arjun Kapoor's comment on her photo is spot on
- Ahmed Patel moves SC seeking dismissal of plea challenging his election to Rajya
- Hyderabad Zone to push for GST returns filing

Related News

Digital Transactions To Zoom As Government Set To Cushion MDR. 5 Things To Know
Dec 16:To give a shot in the arm to Digital India, the cabinet on Friday had decided that the government will bear the merchant di .. read more
Meeting of Cabinet Subcommittee on promoting digital payments in Telangana held
Vishwas NewsHyderabad, Dec 13:The first meeting of Cabinet Subcommittee on promoting digital payments in Telangana was held at Sec .. read more
Petrol, Diesel Cheaper If You Pay By Card, Says Finance Minister Arun Jaitley: Highlights
Dec 8:?It's been a month since the government banned old 500 and 1000-rupee notes as part of its fight against unaccounted or bla .. read more
Metro rail to start operating from Nov 28 on 30km Route
Vishwas NewsHyderabad, Nov 14:Hyderabad Metro Rail would create a record when it becomes operational on a 30-km route in the first .. read more
Technology should reach citizens, says Ravi Shankar at WCIT
Vishwas NewsHyderabad, Feb 19:Allaying fears of job loss due to increasing use of newage technologies like artificial intelligence .. read more

More Related News

- OU offers PG Diploma in Digital Information Management
- State to introduce digital classrooms in 29 govt. schools
- TITA to promote Digithon and TIIC in US and Canada
- Mahatma Gandhi Digital Museum opened in Hyderabad
- Hyderabad is now falling prey to fake digital wallets
- Tighter security cover for 16 Metro stations
- From Hyderabad to London, father-son duo to trace Silk Route on bikes
- Your 12-digit Aadhaar number could soon replace all card transactions
- 10 coaches of Duronto Express derail in Goa
- Congress bus yatra schedule, route will be finalised soon: Uttam

More Latest News:

- Musi clean-up gains pace
- TS issues guidelines for implementing Economic Support Schemes
- Telangana will protect sericulture farmers, says Etela Rajender
- Global meet on blockchain in Hyderabad
- 200 check dams coming up in Telangana
- Fighting rain, flood for Medigadda dream
- Break silos, make government seamless for people: President Kovind to newly recruited IAS officers
- PM Narendra Modi wishes former Tamil Nadu CM Karunanidhi speedy recovery
- Ahmedabad 2008 serial blasts accused gets bail
- Congress leader Jairam writes to NMML director over confusion for museum approval
- PNB scam: Fugitive jeweller Mehul Choksi says he took Antigua citizenship last year to expand business
- Eye test can now detect early signs of dementia, says study
- India vs Essex Practice Match: India's frontmen dazzle, sidekicks falter
- Hopeful to be part of England squad in World Cup 2022, says Phil Foden
- Twenty young boys and girls to represent India at Junior NBA World Championship
- Mission: Impossible Fallout box office prediction: The Tom Cruise film will earn Rs 10 crore on Day 1
- Saheb Biwi Aur Gangster 3 movie review: The weakest link is Sanjay Dutt's gangster
- Saudi Arabia joins global pledge to protect disabled rights
- Iran's Revolutionary Guards' chief warns Trump: 'If you begin the war, we will end it'
- Houthis accused of threatening world's electricity supplies
- Youth, woman held for murder
- Rahul Gandhi congratulates ragpicker's son for cracking AIIMS entrance test
- Cows are safer than women in the country, says Shiv Sena chief Uddhav Thackeray
- Bihar clears new liquor bill, CM Nitish says prohibition for betterment of poor
- 'Do not stop writing': Kerala CM Pinarayi Vijayan backs writer Hareesh over novel controversy
This page was created in 0.0541789531708 seconds