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Scams

ET22 :: 500 crores, seven states, two lakh investors: one couple’s scam


500 crores, seven states, two lakh investors: one couple's scamRatnagiri: A couple has been arrested for allegedly duping around two lakh investors from seven states of nearly Rs. 500 crore by promising them high returns on their investment through their firm dealing in stock market, police said today.

“After a hunt of one year,  33, a resident of Nagpur, and his 30-year-old wife Raksha J Urs were arrested from Maharashtra’s Ratnagiri town on Saturday by the Delhi Police’s Economic Offences Wing for duping over two lakh people from Delhi, Uttarakhand, Himachal Pradesh, Sikkim, Rajasthan, Madhya Pradesh and Maharashtra,” Joint Commissioner of Police, Economic Offences Wing, Sandeep Goel said.

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News Pressed from NDTV.com

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