Mohit Goel, the person behind the much-hyped Freedom 251 telephone, has been arrested as soon as once more for one more reported fraud value Rs. 200 crores — for dry fruits. This time, Goel is reportedly accused of defaulting funds of dry fruit merchants after providing them advance funds and bulk order to realize their belief. Goel had grabbed headlines in 2016 when his firm, Ringing Bells, introduced the Freedom 251 smartphone for an astonishing worth of Rs. 251. These guarantees have been by no means absolutely met and Goel was later accused of a number of frauds, together with a loss of life risk.
As per a report, Goel was arrested on Sunday in a dry fruit fraud case value Rs. 200 crore.
An FIR was first reportedly filed towards Goel’s firm final month, and after that the police has a minimum of 40 written complaints of fraud towards it from merchants in Punjab, Haryana, UP, West Bengal, Rajasthan, Delhi, Karnataka, Andhra Pradesh and some different states. Goel’s bail plea was additionally denied by the Surajpur court docket on Monday.
In 2016, Goel’s Ringing Bells launched the Freedom 251 least expensive smartphone with a price tag of Rs. 251. The telephone, with its weird price ticket, grabbed large headlines at launch. It quickly got here underneath the scanner of the government after the corporate announced that it had acquired 50 million registrations for the telephone.
Deliveries of the Freedom 251 telephone were delayed multiple times and later, even after the deliveries reportedly started, numbers weren’t revealed. In a December 2017 interview, Goel sought support from the federal government to ship the handsets. There have been no developments reported in regards to the ‘miracle telephone’ after 2017. The following 12 months, Goel was once more within the information for being arrested for allegedly trying to extort money from a businessman to “settle a gang-rape case”.
What would be the most fun tech launch of 2021? We mentioned this on Orbital, our weekly expertise podcast, which you’ll subscribe to by way of Apple Podcasts, Google Podcasts, or RSS, download the episode, or simply hit the play button under.