Fraudsters held 400 passports in bank vault

Indian police have arrested at least 5 people and charged them with various offenses relating to defrauding hundreds of people by promising them visas to Australia and New Zealand, according to media reports from India.
Police have seized some 400 passports held by Royal Education Consultants in Jalandhar, a city in the northwest of Punjab, India. The passports belonged to people from various districts across Punjab and Chandigarh who paid thousands of dollars on the promise of receiving ‘work permits’ and student visas for Australia and New Zealand.
Media reports estimate the fraud committed by the firm could amount to ‘crores of rupees’ (a ‘crore’ which is 10,000,000 rupees is equivalent to about AU$210,000.)
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