The Piplani police have arrested two fraudsters involved in duping several victims through Swami Vivekanand Credit Cooperative Society in the name of doubling money; police have recovered Rs 6.77 lakh cash from their possession.
Police said that the accused Vinod Tiwari and Angat Kuamr were arrested who duped several victims in the name of doubling money. The two were operating Swami Vivekanand Credit Cooperative Society and recovered cash was of victims who were duped by the gang of fraudsters.
ASP Zone 2 Rajesh Bhadoria said that the amount duped is in crores of rupees. The investigation is on and more victims would surface after the fraudsters are arrested.
At present two accused are arrested and possibly more aides involved in the nexus of fraud would be revealed and action would be taken. The two arrested were directly involved in the fraud in which the victims were offered to double their investment in lesser time luring them and trapping them, he added.
The action was taken after special drive has been launched by district police to nail chit fund company frauds and camps were held to hear such cases and during which the case was reported and based on the complaint case was registered and fraudsters were arrested.