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India: 41-year-old man held in Delhi for duping over 80 people


India: 41-year-old man held in Delhi for duping over 80 people
ANI/New Delhi
Photo: ANI
The accused was absconding since registration of case.
A 41-year-old man has been arrested by the Economic Offences Wing of Delhi Police for allegedly duping more than 80 innocent people to the tune of Rs 8 crores in the name of ponzi scheme.
The accused was arrested from outside gate number 2 of Saket Court Complex on February 18, police said.
Accused person was absconding since registration of case. He has changed his three addresses continuously and he preferred to hide in congested localities. He used to change his look also. The EOW team had been constantly searching for his whereabouts and keeping a close watch over the activities of his associates, police said. ....

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


A man has been arrested for allegedly cheating more than 80 people across India. (Representational)
New Delhi:
A 41-year-old man has been arrested by the Delhi Police for allegedly cheating more than 80 people across India of Rs 8 crore. He was allegedly linked to fraudulent investing schemes, also known as ponzi schemes.
The accused, identified as Gopal Dalapati, was arrested near Saket Court Complex on Thursday, police said. He used to cheat people by luring them to invest their money in fraudulent schemes and promising high returns.
Gopal Dalpati was the director of a firm registered with the name of M/s weird Infrastructure Corporation Ltd & Weird Industries Ltd. The firm issued debenture certificates to people for assurance to return their money with high returns. ....

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