to date the police have come across over 15 proceedings towards the accused. (Representational picture)
NEW DELHI: Police have arrested a 32-year–old guy for allegedly duping depositors to the tune of Rs. 800 crore after promising large returns on funding in his actual estate company, with its branches spreadthroughout at the least 25 cities.
Mukesh Baghel, a local of Madhya Pradesh, duped people after promising large returns on investment infixed and ordinary deposit guidelines in BNP actual estate, with considered one of its branches in south Delhi’s Hauz Khas area, DCP (South) Ishwar Singh stated.
In 2009, the employer modified its name to Sunshine Infra construct enterprise and transferred coins anddata to the brand new business enterprise. The corporation turned into close four years later. Thecorporation has 8 co-administrators who, at the side of Mr Baghel, fled with the cash, predicted ataround Rs. 800 crore.
so far the police have encounter over 15 proceedings towards the accused. primarily based on a tip-off from their counterparts in Madhya Pradesh, Delhi Police arrested the accused from Hauz Khas place on Saturday, a senior professional stated.
