Nagaland Police initiates investigation into ‘RGA’ scam

A day after issuing an advisory, the Nagaland Police on October 25 informed that it had initiated an investigation against the 'RGA Company,' which it says appears to be a Ponzi scheme. (Image for Representational Purposes Only)

Nagaland

25th October 2024

Morung Express New
Dimapur | October 24

A day after issuing an advisory, the Nagaland Police today informed that it had registered a regular case in the State Crime Police Station and had initiated investigation against the “RGA company.”

In an update, the police stated the steps were taken after taking “into cognisance the complaints reported in 1930 CFCFRMS portal against investment company RGA for duping its customers.”

Besides reporting the matter to 1930 CFCFRMS (Citizen Financial Cyber Fraud Reporting and Management System) portal, the police also urged the public or victims to provide necessary details via a Google Form link it had shared. However, an error massage was shown when The Morung Express tried to access the link on Thursday.

Accordingly, citing technical issues with the previously shared form, the State Police updated on October 25 that complaints can now be filed through two alternative platforms links. These links are: https://police.nagaland.gov.in/rga-complain-form/ and https://forms.gle/skHEQ5MwS1LrhKc56.

The updated information shared by the Nagaland Police urging the general public or victims to share complaints concerning ‘investment company RGA.’

The CFCFRMS has been developed for quick reporting of financial cyber frauds and monetary losses suffered due to use of digital banking/credit/debit cards, payment intermediaries, UPI etc. Complaints can be reported through helpline number 1930 or on National Cybercrime Reporting Portal.

As reported by this newspaper on October 24, a new “earning app” scam appears to have emerged, prompting Nagaland Police to issue an advisory.

“The company by the name RGA has lured many investors from Nagaland, promising huge returns,” the advisory stated, indicating it to be a new Ponzi scheme. A closer scrutiny of the ‘RGA’ movement showed that most of its activities are disseminated via the “RGA Official Channel” on Teleg ram, which has over 15,364 subscribers (As of October 23).

*The cover of a‘promotional materials/advertisement’ in India under ‘R/GA or RGA MARKETING LTD.’*

New details emerging thereafter indicated that there is also an Instagram account, while networking is done widely various social media platform, with different invitation code or link such as https://rga0099.com, https://rga99.com etc for registration. The links keep changing.

By October 24, the “RGA Official Channel” on Telegram informed that the “system is being upgraded” and asked members to in using rga44.com or rga00.com. The links take user to https://rga501.com/.

RGA Marketing Limited or R/GA is used interchangeably in all communications.

*The landing page of login and registration purportedly to become a member of the 'RGA'*

As per information on the landing page, the channel was created on June 13, and various modalities regarding ‘level income,’ commission, invitation codes, and other activities of the RGA have been highlighted and updated regularly since August 22.

As per messages posted on the channel, R/GA Marketing Limited appeared to have many users in Nagaland with activities in Noklak, Dimapur, Chümoukedima and Kohima.

A message on October 23 informed members of ‘account freezing’ pending payment of a ‘platform management fee’ citing “regulations of the Indian central government.

Meanwhile, the official R/GA, a New York based company has categorically denied any association with the activities or operation in India.