Advertisement

Freedom 251 smartphone maker Ringing Bells' Director Mohit Goel detained over fraud allegations

Goel has been detained after owner of Ghaziabad-based Ayam Enterprises filed an FIR yesterday alleging that Ringing Bells "defrauded" it of Rs 16 lakh.

Advertisement
FP Archives|Feb 24, 2017, 08:11:16 IST

Mohit Goel, the Director of Noida- based company Ringing Bells which had announced Freedom251 smartphones at an astonishingly low price of Rs 251 a piece, was detained today on allegations of fraud, police said. Goel has been detained after owner of Ghaziabad-based Ayam Enterprises filed an FIR yesterday alleging that Ringing Bells "defrauded" it of Rs 16 lakh.[caption id="attachment_299911" align="aligncenter" width="640"]Mohit Goel, right, Director of Ringing Bells Pvt. Ltd., and Ashok Chadha, left, spokesperson, show a Freedom 251 smartphone (AP) Mohit Goel, right, Director of Ringing Bells Pvt. Ltd., and Ashok Chadha, left, spokesperson, show a Freedom 251 smartphone (AP)[/caption]Ghaziabad Deputy SP Manish Mishra said Goel has been detained for interrogation in the matter. In the FIR, Ayam Enterprises has claimed it was persuaded by Goel and others from Ringing Bells to take up the distributorship of the Freedom251 phones in November 2015. "We paid Rs 30 lakh to Ringing Bells through RTGS on different occasions. But it delivered us product worth Rs 13 lakh only. Upon follow-up, we could get products plus money totaling Rs 14 lakh," it claimed in the FIR.freedom-251-boxThe owners of Ayam Enterprises claim that they were threatened with life if they asked for the rest Rs 16 lakh "again and again". Ringing Bells had begun the sale of Freedom 251 handsets, touted as the world's cheapest, via its website in February last year. It landed in a controversy, however, with some alleging it was like ponzi scheme. The firm had claimed that around 30,000 customers had booked the phone despite some glitch and seven crore people registered for it.PTI

Handpicked stories, in your inbox
Global stories. Indian perspective. Zero noise.
No Spam. Unsubscribe Any Time.
First Published:Feb 24, 2017, 08:11:16 IST
Advertisement
Advertisement
Trending Stories

China's Kimi K3 challenges US AI leaders with frontier-level performance at lower cost

Chinese artificial intelligence startup Moonshot AI has unveiled its latest open-weight AI model, Kimi K3, with early results suggesting it could compete with some of the world's most advanced AI systems developed by leading US companies
2 min read
Advertisement
Advertisement
Up Next