The Madhya Pradesh police have arrested two post office agents, one of them from neighbouring Maharashtra, for allegedly duping people of crores on the pretext of investing their money in saving schemes, an official said on Saturday.
The main accused Jagdish Kag was arrested from Maharashtra, and based on his interrogation, Deepesh Bhatere was arrested from Khargone, superintendent of police (SP) Shailendra Singh Chouhan said.
As agents, the duo took people into confidence and collected money from them to invest in the small saving schemes. However, instead of depositing the money, the accused kept the sum with themselves and made fake entries in passbooks using fake seals, the official said.
It is estimated that the duo committed a fraud of Rs 6 crore, and the victims were mostly retired employees and traders, he said.
The police received several complaints after the main accused disappeared and investors approached the concerned post offices, the official added.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
Elderly Man Defrauded Of Rs 40 Lakh Through 'Digital Arrest' Scam In Indore, 2 Arrested Techie Stabbed To Death Over Objecting To 4 Men Drinking Around His Scooter In Madhya Pradesh Ex Congress Corporator Shot Dead In Madhya Pradesh, Wife And Son Arrested Parents On Mumbai Ferry Wanted To Toss Children In Sea. Rescuers Stopped Them Man Accidentally Drops iPhone In Temple Box. Why He Won't Get It Back "Who Was Driving?" JD Vance Slams 'Misleading' Headlines On Germany Attack 15-Hour Shift, Verbal Abuse: Techie Exposes Startup's Toxic Work Culture AAP Announces Ambedkar Scholarship For Dalit Students' Foreign Education Teen Girl Dies Of Suffocation Due To Geyser Gas Leak In Bathroom Track Latest News Live on NDTV.com and get news updates from India and around the world.