3 Arrested For Cheating People Of Rs 7 Crore In Fake Investment Scheme In Delhi
NDTV
Three people -- Rajesh Kumar Laura (45), Ravi (28) and Gajanand Kaushik (41) -- misappropriated around Rs 7 crore from 135 victims, they said.
Three men were arrested for allegedly cheating over 100 people of approximately Rs 7 crore on the pretext of providing higher returns by investing in the business of fisheries, floriculture and plantation of medical trees, police said on Wednesday.
The accused -- Rajesh Kumar Laura (45), Ravi (28) and Gajanand Kaushik (41) -- misappropriated around Rs 7 crore from 135 victims, they said.
Accused Laura is the kingpin of the alleged scam. He had mobilized the investors in collusion with his associates, police said, adding a case was registered against them in 2019 at Economic Offences Wing unit for running a ponzy scheme.
According to police, in his complaint, one of the victim reported that on the allurement of the accused, he invested money in the partnership firm on the pretext that invested money will be used for the business of fisheries, floriculture and plantation of medicinal trees.
