MD of company held in cheating scam
The Hindu
The managing director had promised an insurance agent a fake deal with an IT multinational for a commission
The cyber crime police on Monday arrested the managing director of a financial solutions firm for allegedly cheating an insurance agent by guaranteeing him a deal with a leading IT firm for a commission of ₹14 lakh.
The accused, Nischith C.S., who ran Stake Management Solutions Pvt. Ltd.(e-Profitsure), hired call centre employees to convince people to do business with his firm, said the police.
Employees were instructed to offer different business solutions ranging from real estate to insurance cover depending on the profile of a potential client.
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