Man Arrested For Cheating 600 People Of Rs 60 Crore In UP: Cops
The STF mentioned it made the arrest following a probe into lawsuits by means of a number of folks.(Representational)
Lucknow:
The Uttar Pradesh police on Saturday arrested a person for allegedly duping over 600 folks of round Rs 60 crore at the promise of a 60 % go back on their investments.
The Particular Activity Power of the UP police mentioned it arrested the racket’s mastermind, Hari Om Yadav, from Chandpur village in Sultanpur Highway in Lucknow beneath Gosaiganj police station at round five am.
The police additionally confiscated 3 cell phones, 5 cheque books, one passbook, an Aadhaar card, a pc and Rs 700 money from the accused, the STF mentioned in a observation.
The STF mentioned it made the arrest following a probe into lawsuits by means of a number of folks that they have got been duped in their cash at the promise of 60 % returns on their investments.
All the way through the probe, it transpired that the racket used to be being run via a multi-level advertising mechanism, with Hari Om Yadav, doubling as CMDs of Alaska Actual Property Pvt Ltd, Alaska Commodities and Alaska Enterprises and duping round 600 individuals for Rs 60 crore.
A case used to be registered on this connection at Gosaiganj police station beneath quite a lot of sections of the IPC, and as many as 9 participants of the crowd have been arrested previous on September 15, the observation mentioned.
(Apart from for the headline, this tale has no longer been edited by means of NDTV body of workers and is printed from a syndicated feed.)
