Man, 41, Arrested For Cheating 80 People Of Rs 8 Crore In Delhi: Cops

New Delhi:

A 41-year-old man has been arrested by the Delhi Police for allegedly dishonest greater than 80 folks throughout India of Rs 8 crore. He was allegedly linked to fraudulent investing schemes, also called ponzi schemes.

The accused, recognized as Gopal Dalapati, was arrested close to Saket Courtroom Advanced on Thursday, police mentioned. He used to cheat folks by luring them to take a position their cash in fraudulent schemes and promising excessive returns.

Gopal Dalpati was the director of a agency registered with the title of M/s bizarre Infrastructure Company Ltd & Bizarre Industries Ltd. The agency issued debenture certificates to folks for assurance to return their cash with excessive returns.

After dishonest greater than 80 folks of round Rs 8 Crore, the accused and his associates closed their workplaces in Kolkata and Delhi and so they have been lacking ever since. “Throughout course of investigation it was revealed that the accused individuals had opened completely different financial institution accounts to gather cash from victims and so they issued debenture certificates to victims for his or her assurance of excessive returns,” an official assertion learn.

His three associates – Amarendra Prasad Singh, Bharat Kumar and Sanjay Kumar Das – have already been arrested.

Police mentioned that the accused was on a run for the reason that case was filed – about three years in the past – and saved altering addresses to evade police.

“He would typically strive completely different appearances in an try and not get caught. The Financial Offence Wing workforce had been always trying to find his whereabouts and conserving a detailed watch over the actions of his associates,” police mentioned.