Chinese national among three held in Noida for running shell firms, hawala racket: UP STF

HomeNextChinese national among three held in Noida for running shell firms, hawala racket: UP STFAccording to the STF, the gang established fake companies in India and China and illegally transferred large sums of money abroad through hawala channels.Updated on: Jul 24, 2026, 10:25:59 ISTPTIPrefer HTon GoogleShare viaCopy link Three persons, including a Chinese national who was allegedly staying illegally in India after his visa expired, have been arrested in Noida for operating a hawala network and setting up multiple shell companies to launder money, the Uttar Pradesh Special Task Force said.The STF said investigations also revealed that Liao's Indian visa expired in 2020 and that he had been living illegally in the country since then.

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