Father-son duo sent to 4-day police remand

Mohali, January 24

The State Crime Branch today produced Om Prakash (51) and his son Vijay Singh (24), who were arrested on Friday from Ropar for their involvement in the multi-crore chit fund scam.

The father-son duo was sent to four-day police remand till January 27.

The police said the accused allegedly acted as agents of a bogus investment firm under the name of Crown Credit Chit Fund Company and cheated gullible people promising them double return. The owner of the company had been on the run after attaining anticipatory bail.

Police sources said the accused duo hailed from Tohana in Fatehabad district, Haryana. The police have seized two cars, an I-20 and a Toyota Etios, belonging to one Manoj Sahni, who is absconding.

The accused were arrested from a bus stop in Ropar and booked under Sections 406 , 420, 467, 468 and 471 of IPC and relevant sections of the PMLA.

A senior official said: “During preliminary investigation, we have found an alleged transfer of Rs 13 crore (digital currency) in some accounts linked to the accused, details of which we are trying to ascertain.” — TNS