New Delhi, Dec 10: The CBI has filed a charge sheet against two Chinese nationals who were allegedly the masterminds of the HPZ Token Investment Fraud case in which over Rs 1000 crore were siphoned off through shell companies during Covid, officials said Wednesday.

The CBI has alleged that Shigoo Technology Pvt. Ltd., owned and controlled by Chinese, allegedly cheated the public during the Covid lockdown using a fake mobile application titled “HPZ Tokens”, claiming that investments would be used for cryptocurrency mining and would yield very high returns.

CBI’s investigation found that this was not an isolated incident but part of a large, well-coordinated cyber crime network operated by foreign nationals. This syndicate was responsible for several cyber scams targeting Indian citizens i

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