Police arrest seven accused with Rs 46 lakh of swindled money

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Police arrest seven accused with Rs 46 lakh of swindled money

Monday, 12 August 2019 | PNS | DEHRADUN

Recovering about Rs 46 lakh of swindled money, the Dehradun police have succeeded in arresting seven con men. In less than a month these con men had managed to fool people under the pretext of increasing the money invested by up to 1.5 times. Out of the seven accused arrested by the police, one is a suspended police man of Delhi Police. Police have not received any complaints regarding the recovered money. The arresting was done purely on the basis of police routine investigation and human intelligence.

Giving details about the arrest Dehradun Senior Superintendent of Police (SSP) Arun Mohan Joshi said, “There are three major problems in Dehradun-- traffic, drugs and con rackets. In most of the fraud cases it is difficult to recover the money even after the accused is arrested. So, we were targeting the units which were already operational and providing deals which are anyway impossible. It is important for citizens to understand that there is no possible scheme that can offer you more than 20 per cent as interest rate. Even 20 per cent is next to impossible but more than that is a clear scam. In this case also, they were offering to give 1.5 times of the invested amount in 15 days. To make their con believable they in fact returned money to some of the investors as well, which is why they were able to collects nearly Rs 46 lakh in less than a month.”

He further added, “They were planning to run away after collecting Rs one crore, but were caught earlier than they expected. Detailed investigation and interrogation is yet to be done. We will continue to investigate on other such units in the district.”

The accused have been identified as master mind Joginder Singh who reportedly is suspended from Delhi Police, Naresh Sharma, Chandan Kumar Arora, Tilakraj, Arun Rana, Sanjay Kumar and Ajmer Singh.

According to the information provided by the police, the accused had established a company in Uma Vihar Colony, Raiwala under the name of Airway Enterprises. They were registering and giving cards to the investors under a fake scheme named Shishu Yojana Uttarakhand. Police have recovered card register, diary, ATM card, cheque book and Rs 46,01,500. 

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