Two ar­rested for dup­ing in­vestors of more than ₹30 crore

Hindustan Times (Delhi) - - METRO - HT Cor­re­spon­dent htre­[email protected]­dus­tan­times.com

NEWDELHI: A cou­ple who are pro­fes­sional con artists and have scammed sev­eral per­sons and fi­nan­cial in­sti­tu­tions of at least ₹30 crore were ar­rested by Delhi po­lice on Sun­day from their hide­out in Ghazi­abad, the po­lice said.

Vinod Bansal, 57, and his 56-year-old wife, Preeti Bansal, have been to­gether booked in 20 cases of cheat­ing reg­is­tered across In­dia. They had been de­clared pro­claimed of­fend­ers in half of them by courts in Delhi, Haryana and Pun­jab, said Vi­jay Ku­mar, deputy com­mis­sioner of po­lice (south).

“Three of the cases in which the cou­ple was wanted were reg­is­tered by the Cen­tral Bureau of In­ves­ti­ga­tion,” said the DCP.

The Delhi Po­lice had been pur­su­ing the cou­ple be­cause they were pro­claimed of­fend­ers in a case reg­is­tered by the city po­lice’s eco­nomic of­fences wing.

“A team from Kotla Mubarakpur po­lice sta­tion was be­hind pro­claimed of­fend­ers. We vis­ited all the ad­dresses we had of the cou­ple and in­ter­ro­gated many people who knew them. Our ef­forts helped us get the ex­act ad­dress of the cou­ple, but our po­lice team in plain­clothes vis­ited the house to re­al­ize they had al­ready fled,” said the DCP.

The cou­ple was fi­nally caught from their hide­out in Surya Vi­har in Ghazi­abad on Sun­day. The cou­ple turned out to be grad­u­ates and na­tives of Bhatinda in Pun­jab. They had mar­ried in 1983 and have a son. “Vinod had be­gun as a prop­erty dealer in Faridabad and gone on to pur­chase an of­fice space in Karol Bagh in 1995. The same year, he pur­chased a fac­tory in Murthal,” said the DCP.

Vinod was first ar­rested by the CBI in 2006 in a group hous­ing scam. When he was re­leased from the jail af­ter sev­eral months, he opened a school in Lud­hi­ana and went on to take the fran­chise of sev­eral prom­i­nent pri­vate schools, said the DCP.

“He lured people to in­vest in his schools, but went on to dupe them,” said the DCP.

“He later re­turned to Delhi, pur­chased a prop­erty in the posh Green Park, but sold the mort­gaged floors of the build­ing to un­sus­pect­ing in­vestors, with­out in­form­ing them that the prop­er­ties were mort­gaged,” said the DCP. He also al­legedly bor­rowed crores from fi­nan­cial in­sti­tu­tions and about ₹10 crore from pri­vate in­vestors. The cou­ple was to­gether ar­rested in 2016, but they jumped bail, af­ter which they were de­clared pro­claimed of­fend­ers.

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