The District crime branch police arrested a 42 -year -old man for allegedly deceiving several people collecting money on the pretext of a scheme of the Depavali Deposit Fund.
Police identified the defendant as Prabhu, who runs a jewelry store in Thirupuliyur, near Cuddalore.
According to the police, the defendant had raised ₹ 33.16 Lakh of several people in Cuddalore, Panruti and Vriddhalam in the appearance of a deposit fund scheme and a scheme of gift coupons. However, operations abruptly closing and fled from the area.
After a complaint filed by one of the victims, the DCB launched an investigation and tracked the defendant. It was produced before a local court and retired to custody.
Published – April 14, 2025 09:05 pm ist