Fake job consulting firm is back in business

Bogus job consultancy firms busted by city police in 2014 are back in business.

Days after the Central Crime Branch (CCB) busted a firm, which was back in business after being busted last year, , giving out fake experience certificates in BTM layout, the CCB on Wednesday raided a bogus job consultancy firm, Exalt Consulting Placement Services Pvt. Ltd., operating out of Shivaji Nagar and arrested a manager of the firm.

Ironically, the CCB had busted the firm in October, 2014, operating out of the same premises. On a tip-off, the CCB had then arrested two managers of the firm, shut its operations and filed a chargesheet against the firm’s owners.

The firm was contacting job seekers, who had put up their profiles on job websites, and offered them placement them in tech firms.

The firm collected Rs. 15,000 to Rs 25,000 from job seekers and refunded a part of the fee, if anyone protested. Investigations had then revealed that the firm had collected from 13,497 job seekers amounting to Rs. 2.75 crore and had only refunded Rs. 54.37 lakh. Only seven aspirants were placed by the company.

Acting on a tip-off that the firm had restarted its operations with the same name and from the same premises, CCB sleuths raided the premises on Wednesday.

Investigations revealed that the firm was back in business from January, 2015, and had collected a fee of Rs. 4,500 from 825 registered job seekers .

The firm had reportedly collected Rs. 42.31 lakh but not placed anyone. The owner of the firm Shabeer Ahmed had escaped the police net in 2014 and has managed to abscond even this time.

Central Crime Branch has launched a manhunt to arrest the owner and kingpin of the scam.

Exalt Consulting Placement Services Pvt. Ltd

Based out of Shivaji Nagar

Bogus job placement firm

Busted in october 2014: four men chargesheeted

Back in action under same name at same premises since January 2015.

Owner: Shabeer Ahmed absconding

Kiran Kumar, 35, arrested by CCB after raids on 7 premises in 2014

He had floated 169 bogus firms giving out fake experience certificates in the IT field.

After being out on bail, Kiran was back in business under the name OEDGE IT TECH in BTM layout.

CCB raided and busted operations on May 24, 2015.


Bengaluru: The Karnataka High Court has stayed the further proceedings, initiated before a Sessions Court, against the Exalt Consulting Placement Service Private Limited based on the investigation report submitted by the police.

The High Court passed the interim order in December 2015 staying the further proceedings after hearing a petition filed by the firm, and the stay order is continued till next date of hearing.

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Printable version | Nov 25, 2020 6:15:17 AM |

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