February 7, 2023
NDTV News


It is estimated that the boys dedicated a fraud of Rs 6 crore, police mentioned. (Representational)

Khargone (Madhya Pradesh):

The Madhya Pradesh police have arrested two submit workplace brokers, certainly one of them from neighbouring Maharashtra, for allegedly duping individuals of crores on the pretext of investing their cash in saving schemes, an official mentioned on Saturday.

The important accused Jagdish Kag was arrested from Maharashtra, and based mostly on his interrogation, Deepesh Bhatere was arrested from Khargone, superintendent of police (SP) Shailendra Singh Chouhan mentioned.

As brokers, the duo took individuals into confidence and picked up cash from them to put money into the small saving schemes. However, as an alternative of depositing the cash, the accused stored the sum with themselves and made pretend entries in passbooks utilizing pretend seals, the official mentioned.

It is estimated that the duo dedicated a fraud of Rs 6 crore, and the victims have been principally retired workers and merchants, he mentioned.

The police acquired a number of complaints after the primary accused disappeared and traders approached the involved submit workplaces, the official added.

(This story has not been edited by NDTV employees and is auto-generated from a syndicated feed.)

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