The Ministry of Corporate Affairs has ordered the Serious Fraud Investigation Office (SFIO) to investigate into fraud cases against 33 shell companies linked to China. In this investigation, SFIO has also arrested a person after raiding three shell companies last week. The ministry gave this information on Sunday. Raids on 3 companies based in Gurugram, Bangalore and Hyderabad The ministry said in a statement that on September 8, three companies located in Gurugram, Bengaluru and Hyderabad were simultaneously raided, in which one person has also been arrested. The ministry alleged that the arrested person is the mastermind of a racket...