By Dheeraj Fartode Imagine a police officer uploads an FIR and within seconds, an AI assistant begins planning the investigation. It write official letters, scan bank data and spot suspicious transactions. It sounds like science fiction - but it’s now reality in Maharashtra. The state police have started using Crime-OS, a powerful Artificial Intelligence (AI) tool developed under the MARVEL project (Maharashtra Research and Vigilance for Enhanced Law Enforcement). This tool, built in partnership with the Indian Institute of Management (IIM) Nagpur, works like the co-pilot feature in Microsoft Office - but to solve crimes. It helps police save valuable time and reduces the heavy workload of investigations. Assistant Superitendent of Police (ASP) Deepak Agrawal explained that police investigations usually take a lot of time and effort. Crime-OS is designed to ease that burden. “For example, if a fraud case FIR is uploaded, the tool automatically picks out important information. It t...
By Dheeraj Fartode
Economic Offences Wing (EoW) on Friday registered eight offences at Lakadganj and Tehsil Police Stations against 21 Dabba traders and their associates following raids across the city on Thursday. The cops have arrested 13 Dabba traders in this connection however eight Dabba traders including Kingpin Ravi Agrawal, proprietor of L7 group is still at large. The arrested accused were produced in the court and the court have granted three days police custody.
Addressing a press conference, Deputy Commissioner of Police (DCP EoW) Deepali Masirkar informed that it could be major jolt for the illegal Dabba trading racket as this is first major combine raids against Dabba trading operators in the India. The Dabba traders have connections across the country. They are trading in shares, commodities and foreign exchange across the country and their turn-over is whopping Rs three lakh crore per day.
EoW officials informed that the Dabba traders were operating in city since last 10 years and lured youngsters of many business families.
The accused have been booked under Sections 406, 420, 467, 471, 477 (A) and 34 of Indian Penal Code read with sub-section 23 (a) of Securities Contract Regulation Act.
Only five days trading
The Dabba traders trades from Monday to Friday and Saturday and Sunday are decided as final settlement days. After purchasing shares or commodities, the customer have to sold the share or commodities till Friday. The customer have to pay or receive money on Saturday and Sunday. EoW officials informed that the raids have freezed business of Dabba trading and coming Saturday and Sunday would create panick among the customers as they will not get their money.
EoW’s line of action is ready
DCP Masirkar told The Hitavada that the line of action of the EoW is to stronger the evidence against the accused and detect their money trail so that their entire business can be freezed. The cops have seized many diaries, computers and laptops in which entries of the transactions are available.
Code names for customers
The Dabba traders have used code names of the customers during the trading so that they can hide identity of the customers. Sleuths of EoW would decode the names and start the action against the customers who have booked profit through the trading and cause huge losses to state exchequer.
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