Man held for duping people on the pretext of doubling their money

NEW DELHI (PTI):

A man has been arrested for allegedly duping people by promising them double returns on their investments, police said on Tuesday.

So far, 14 victims have surfaced who have been cheated to the tune of Rs 4 crore.

Police said one of the accused Priya, approached the victims as an employee of a reputed firm and asked them to invest their money in her company.

"She, along with her husband Harish Arora, her brother Nikhil Mishra and others introduced themselves as directors in the company," the police said.

After a case was registered, Priya was arrested on March 11, 2019, and her husband Harish was arrested on January 6, 2020.

"The accused Nikhil was arrested after detailed interrogation on Monday. He did not give justified answers about the five trading accounts managed by him and about the amount transferred to his bank accounts which were further used for commodity trading," the officer said.

An investigation is underway to trace other accused, police added. (PTI)

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