Ponzi scheme Odisha: Look out Circular issued against David Gez, head of STA Token
BOI ( Bureau Of Immigration), on request of EOW Odisha, issued LOC against David Gez, 32, a Hungarian national, who is the head of mega Crypto-Ponzi scam namely STA Token.
He entered with tourist Visa in India for two times in 2022-23 and stayed in India for about 25 days travelling various places like Odisha, Goa, Punjab, Jharkhand and Delhi.
On first time, he had travelled to India via USA and Turkey and second time via Poland. In Odisha, he travelled to Bhubaneswar and Bhadrak.
He has deleted his Instagram account after registration of this case. However his Indian associates are still using Youtube Videos using his AI generated picture and voice.The fact that he was issued with tourist Visa but indulged in business/Promotion activity is not allowed as per rule of Ministry Of External affairs.
EOW would be reporting this fact to MEA for necessary action in addition to the legal action in the current case. The involvement of second foreigner, a Dutch national, in this scam is under scrutiny.
Some topline members of this scam are still indulging in the propaganda (through YouTube, Whatsapp Group etc.) and continuing adding innocent investors below their chain.
Their activities are under surveillance and action will be taken against them. This refers to EOW case no 22/2023 U/S 420/467/468/471/120-B IPC, 4/5/6 of PCMS Act.
