Latest News | Woman Duped of Rs 64 Lakh in Investment Fraud, 7 Held

Get latest articles and stories on Latest News at LatestLY. Police have arrested seven people for allegedly duping a woman of Rs 64 lakh under the pretext of higher returns upon investment in the stock market, officials said on Thursday.

Gurugram, Mar 27 (PTI) Police have arrested seven people for allegedly duping a woman of Rs 64 lakh under the pretext of higher returns upon investment in the stock market, officials said on Thursday.

According to police, transactions of Rs 20 lakh have been frozen.

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On February 27, a woman filed a complaint and said that she had been defrauded of Rs 64 lakh under the pretext of higher returns upon investing in the stock market, police said.

During the investigation, the police arrested seven accused from Gurugram on Wednesday.

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The police found six among the seven accused received the defrauded amount who then sold their accounts to Shailender for Rs 20,000 each, Priyanshu Dewan, ACP cyber said.

Further investigation is underway, he added.

(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)

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