The Economic Offences Wing (EOW) of Delhi Police has arrested father and son, duo, for allegedly for inducing and duping investors to the tune of more than Rs two crores in the name of lucky draw scheme.
The accused has been identified as Bhuvnesh Gupta (59) while his son has been identified as Vivek Gupta (34), residents of Delhi’s Uttam Nagar area.
According to Dr O P Mishra, the Joint Commissioner of Police, EOW, a First Information Report (FIR) was registered after a complaint was received in which the complainant Prabhat Gupta and other victims alleged that the firm Shree Mohini Jewellers and its beneficiaries Bhuvnesh Gupta, Vivek Gupta and their other relatives, induced them and other persons in the name of lucky draw scheme.
“The alleged persons misrepresented to them that it was a government approved scheme and showed them certain government agency papers. As the alleged persons were running a Jewelers shop in the area, the victims believed them. In the month of June 2017, the alleged persons introduced two schemes,” said the Joint CP.
“In the first scheme, every member had to deposit Rs 3,000 per month and in the second scheme, each member had to deposit Rs. 75,000 per month for a period of 20 months. They also offered costly items like car, Air Conditioner and fridge as prize money in these schemes,” said the Joint CP.
“The alleged persons also prepared and distributed the pamphlets regarding the schemes. They also held 18 draws up to November 18, 2018 but on November 29, they shut their shops overnight and ran away from the locality after collecting approx Rs 2.21 Crores from multiple victims,” said the Joint CP.
“The police team investigating the case, seized the membership cards issued by the accused bearing relevant entries of monthly payments made by the investors. It was also found that these membership cards bore the signatures of accused persons. Bank statements of the alleged firm have also been obtained which ratified the receipt of payments from the investors,” said the Joint CP.
“The accused were evading the process of investigation from the initial stage and sincere efforts were made to arrest the accused persons at their given addresses but accused persons were absconding.
All Possible hideouts were checked. The Accused persons tried to get relief from various courts, but their applications were dismissed. Finally the accused persons were apprehended on January 2, 2021,” said the Joint CP.