Delhi Police on Thursday arrested two persons for allegedly running a Ponzi scheme and duping people of crores of rupees.
The accused have been identified as Harshul Kaushik and Gurmeet Sahni. They both were running a Ponzi scheme by the name of "E-Rickshaw on Rent".
More than 50 complaints involving 1100 victims/investors have been received by the police against them. They have allegedly cheated people of a total of Rs 15 crores.
The accused were running a company named SOS Vehicles Service Pvt Ltd. They encouraged and induced people to invest in their firm and earn healthy returns on the investments made. They also got victims visiting a manufacturing plant of E-Rickshaws. After initially paying the returns to their investors, they stopped paying them money, thus looting them of their hard-earned money.
A case was registered against the accused after which the police managed to arrest them after two months long surveillance.
Further investigation into the matter is ongoing.
Champai Soren On His Way To Delhi Amid Big Defection Buzz: Sources On CCTV, 3 Delhi Traffic Cops Divide Bribe Money, Suspended "Don't Want To Be Next Victim": Delhi Doctors Protest Against Kolkata Hospital Horror Champai Soren On His Way To Delhi Amid Big Defection Buzz: Sources Indian-Origin Family, On Way To Daughter's College, Killed In US Car Crash Woman Doctor Assaulted By Drunk Patient, His Relatives At Mumbai Hospital Punjab Girl Gang-Raped In Public Bus In Dehradun, Roadways Staff Detained After Backlash Over Freshers' Pay, Cognizant Clarifies What Techies Get MCC NEET UG Counselling 2024: Round 1 Final Seat Matrix, NRI List Out Track Latest News Live on NDTV.com and get news updates from India and around the world.