Nagpur, Mar 12 (PTI) An offence has been registered against eight persons for allegedly duping a man of Rs 2 crore by promising him high returns in an investment scheme in Maharashtra's Nagpur city, police said on Sunday.

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The accused operated a trade profit fund and allegedly lured the complainant to invest Rs 2 crore and promised him returns to the tune of Rs 3.2 crore, an official said.

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After receiving the investment, the accused started evading the complainant and failed to return the sum, he said.

The police's Economic Offences Wing (EoW) investigated the case and registered the offence under sections 420 (cheating), 406 (criminal breach of trust) and other relevant provisions of the Indian Penal Code.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)