Rhea Chakraborty, Elvish Yadav, social media influencers questioned in Rs 500 crore HiBox scam
Launched in February 2024, the HiBox app quickly enticed over 30,000 investors with its promise of high returns. Until June, investors received the promised payouts, but soon after, the app began withholding payments, citing technical difficulties, GST problems, and legal issues.