Saturday, August 15, 2020
News

Indore STF arrests man for cheating public of Rs 91 crore

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Indore (Madhya Pradesh) | July 7, 2020 10:11:48 AM IST
Indore Special Task Force (STF) has arrested Vikas Bhandari, an accused in a cooperative institution scam, for allegedly being involved in a fraud of Rs 91 crore.

It has been alleged that Bhandari, along with 27 others, has not returned the deposited amount of their account holders. Several complaints have also been filed against the accused.

"We have arrested Vikas and a few more in the case. He had a bounty of Rs 10,000 in this case. Vikas had not returned the money and was absconding from the past one year. There were 19,000 accounts. A complaint has been lodged against him under Section 420, 409 of the Indian Penal Code (IPC)," said MA Sayyed, Inspector STF.

So far, the police have arrested seven accused and efforts are on to nab the remaining 20 suspects.

Further investigation into the matter is underway. (ANI)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
When streets turn less fatalistic, Pak t...
Punjab CM calls for readiness to combat ...
Munneru stream flows over bridge in Kris...
Delhi LG urges people to serve the natio...
Punjab CM virtually inaugurates 2 major ...
Independence Day celebrations at CM Camp...
More...    
 
 Top Stories
New Mexico has highest alcohol-rela... 
EU members agree to prepare counter... 
Thai Airways reports $900mn loss fo... 
India to launch 10-year project to ... 
Guterres asks for access to derelic... 
Facebook allows small businesses to... 
Simona Halep, Elise Mertens roar in... 
ED files prosecution complaint agai...