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The Odisha police on Tuesday arrested a person for allegedly cheating people of Rs. 50 crore under the guise of promising high returns from investments in various schemes of a firm. The managing director of the firm from Chandbali in Bhadrak district was arrested after it allegedly defrauded around 2,000 investors., Crime News - Times Now
A 38-year-old man, accused of allegedly inducing home buyers on the pretext of providing flats in the proposed projects under the guise of a purported DDA-approved land pooling policy, was arrested by the Economic Offences Wing of Delhi Police.
The Economic Offences Wing of Hisar Police have arrested a man from Siliguri in West Bengal for cheating 13 people of Rs 80 lakh on the pretext of getting them jobs in the Army, police here said on Monday.