The CBI has filed charges against two Chinese nationals in connection with the ₹1,000 crore HPZ Token fraud case, marking a significant development in the ongoing investigation into the large‑scale digital investment scam.
Officials said the chargesheet details the alleged role of the accused in orchestrating and operating the fraudulent scheme, which lured investors with promises of high returns through an online investment platform. The scam reportedly involved the diversion of funds through multiple channels and the use of shell companies to conceal transactions.
The agency has accused the two foreign nationals of playing a key part in managing the operations of the platform and facilitating financial flows linked to the fraud. The CBI has also identified additional individuals and entities suspected to be involved, with further investigation underway.
The HPZ Token case is among the major cyber‑enabled financial frauds probed by the agency, with authorities continuing efforts to trace the money trail and hold all responsible parties accountable.
