Crime Branch arrested a 36-year-old man who had cheated more than 100 people to the tune of Rs 5 crore by luring them into fake schemes promising huge dividends.
Alok Kumar, Additional Commissioner of Police (Crime), said, “The Special Task Force of the Crime Branch arrested Sanjay. He was declared a proclaimed offender by the court and was carrying a reward of Rs 50,000.”
A senior police officer said that the police team received a tip-off on October 9 about Sanjay, who had conned more than 100 people, who will come to lucknow to meet his relatives. Accordingly, a team under DCP Ram Gopal Naik, was constituted.
“A trap was laid near the house of relative of accused Sanjay in lucknow and at the railway station of Badshah Nagar. As the accused had changed his appearance, the team identified him a and apprehended him outside the railway station,” said Kumar.
During interrogation, the accused disclosed that due to losses in his business, he planned new financial schemes to lure innocent people by promising them huge returns on their investment. Since he was a property dealer, people were already connected to him and were doing financial dealings with him on the pretext of lIC policies. He, thereafter, convinced them easily to invest in his new financial schemes and after cheating more than 100 persons, he ran away along with his family to Dhanbad in Jharkhand and was living there for past one year, added the officer.