3 booked for Rs18 lakh fraud - ECAS Punjab

3 booked for Rs18 lakh fraud

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Tribune News Service

Ludhiana November 8

The Focal Point police have booked three persons, including a couple, for allegedly duping a city resident of Rs 18 lakh by luring him into making an investment and promising a huge return.

The accused have been identified as Suresh Mehra, his wife Anita Mehra and Rakesh Mehra, all residents of Fortune City, Chandigarh road.

Complainant Barjinder Mishra of Gurdev Nagar told the police the accused had asked him to invest money in Blue Life Infra Limited and promised to double the amount in a short period.

The complainant agreed to invest Rs 40 lakh in the company. Later, when the investment company failed to double the money, he asked for a refund. After dilly-dally, the accused returned only Rs 18 lakh in cash. The victim alleged the accused cheated him by hatching a conspiracy.

Investigation officer ASI Gurmeet Singh said a case of fraud had been registered against the accused and further probe was on.

from The Tribune https://ift.tt/3lonTzC

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