Thane man held for cheating 37 peo­ple with ‘in­vest­ment scheme’

Hindustan Times ST (Mumbai) - HT Navi Mumbai Live - - HTNAVIMUMBAI - Press Trust of In­dia ht­for­nav­i­mum­bai@hin­dus­tan­

THANE: A 48- year- old man was ar­rested on Fri­day for al­legedly dup­ing around 37 peo­ple of around Rs1.72 lakh by promis­ing them lu­cra­tive re­turns, while claim­ing to in­vest the amount in a ‘gov­ern­ment scheme’.

The ar­rested ac­cused has been iden­ti­fied as Nanoo alias Dnyanesh­war More­sh­war Am­bre, 48, a street-food seller.

Am­bre is one of the two men who lured peo­ple in the city by promis­ing huge re­turns on their in­vest­ment in a ‘ gov­ern­ment scheme’, In­spec­tor MD Surya­van­shi of Bazar­peth po­lice sta­tion said.

The vic­tims, most of whom were se­nior cit­i­zens, de­posited Rs1.72 lakh into the scheme pro- moted by the duo. When they did not get their re­turns, the peo­ple re­alised that they had been cheated, and ap­proached the po­lice, the in­spec­tor said.

Based on the com­plaints by the vic­tims, Am­bre was ar­rested.

A case un­der sec­tion 420 ( cheating) read with 34 ( acts done by sev­eral per­sons in fur- ther­ance of com­mon in­ten­tion) of the In­dian Pe­nal Code, has been reg­is­tered against the duo.

A hunt is on to nab the other ac­cused.

Po­lice have un­der­taken a drive to cre­ate aware­ness among cit­i­zens to de­sist from in­vest­ing in such spu­ri­ous schemes, Surya­van­shi said.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.