Hyderabad: At least one lakh jobseekers from India and other countries have been cheated in the name of providing employment. The Hyderabad-based employment racket was busted by the Cyberabad police. The city police arrested Ajay Kolla, the CEO and director of Wisdom IT Services India Pvt Ltd, along with 13 others. The accused have been booked for cheating and their bank accounts were frozen.

The racket came to light after city-based man Yedukondalu Gannavarapu approached the cops on January 21. The man lost 675 US Dollars which he had deposited in Wisdom IT Services India Pvt Ltd.

Yedukondalu, who uploaded his resume on the job portal seeking a job in the Middle-East, received a call from a sales executive and was asked to deposit 150 US Dollars as a part of their ‘resume forwarding’ service and assured of a placement in a Middle East-based firm.

Yedukondalu gave an interview over the phone to the HR manager of a Dubai-based company, who told him that they were offering him the post of a senior engineer. He was then asked to deposit 525 US Dollars towards security deposit for verification of certificates. It was once that the money was deposited that communication from both Wisdom and the Dubai-based company stopped, following which he approached the cops. Meanwhile, cops have frozen the Rs 19 lakh deposits in accounts of all the accused.

An investigation into the case revealed that the company had cheated nearly 69,962 job applicants from India and 35,000 applicants from foreign countries.

Ajay Kolla set up the fraudulent firm in 2009, offering IT and IT-enabled services in the city, Madhapur, and even got it registered with the registrar of companies in February 2011. The team leaders and sales executives, India and Gulf operations, would conduct fake interviews by introducing themselves as ‘HR personnel’ of top MNCs to dupe the applicants.