Delhi: Man arrested for cheating people on pretext of various financial schemes
India Today
The Economic Offences Wing of Delhi Police arrested an absconding person accused of cheating nearly 200 people under the pretext of providing them with huge profits by investing in different schemes.
The Economic Offences Wing of Delhi Police arrested an absconding person accused of cheating nearly 200 people under the pretext of providing them with huge profits by investing in different schemes in the Mandawali area, Fajalpur.
The accused, identified as Himanshu Singh along with three accomplices - Praveen Kumar Singh, Veenu Singh, Deepak Kumar Singh was operating a society in the name of Jai Maa Laxmi Co-operative Thrift and Credit Society Ltd. The gang was also running a shop under the name of Arpit Cloth Store in the Mandawali area, Fajalpur, Delhi.
During the course of the investigation, it came to the notice that society was not registered with the Reserve Bank of India (RBI) and therefore was not authorized to collect money from the public directly through any scheme.
The accused used to make people invest in various schemes, including interest-earning, loans, flat booking and lucky draw schemes.
Ever since the case was registered, all the four accused were absconding and efforts were made to trace them.
On February 6, 2020, accused Praveen Kumar Singh and Veenu Singh were declared ’Proclaimed Persons’ (absconders) and accused Himanshu Singh alias Rishu was declared an absconder vide order dated September 8, 2021, by Ld. CMM, East District, Karkardooma Court, Delhi.
Three accused, namely Praveen Kumar Singh, Veenu Singh and Deepak Kumar Singh, were earlier arrested.
