Fake film financier dupes Panchkula man of Rs 25L, arrested

Tribune News Service

Panchkula, March 14

The Panchkula police have arrested a fake film financier for cheating a resident of Sector 26, here, of Rs25 lakh on the pretext of providing higher interest on the amount.

The suspect has been identified as Rahul, alias Monu, a resident of Nawan Kot, Chabal Road, Amritsar, Punjab. He was today produced in a court, which sent him to 3-day police custody.

According to information, Ravinder Singh, a resident of Madanpur village near Sector 26, in his complaint to the Deputy Commissioner of Police, stated that Rahul, who is working as a financier, told him that he knew a person, who finances films. If he invested money with him, he would get better interest. He gave Rs25 lakh to Rahul. The suspect gave a cheque, drawn on HDFC Bank, to the victim’s wife on April 20, 2019. The cheque bounced when presented in the bank for realisation.

A case was registered against the suspect under Sections 406 and 420 of the IPC at the Chandimandir police station. After investigation, the police arrested the suspect on March 13.

Sub-Inspector Sukvinder Singh, in-charge of the Sector 25 police post, said during preliminary investigation, the suspect revealed that he used to take jewellery and money from people by posing himself as a film financier. He had duped people of Rs1.5 crore in Chandigarh, Jalandhar, Amritsar, Surat, Nainital among other places.

About The Author

Tribune News Service

The Tribune News Service brings you the latest news, analysis and insights from the region, India and around the world. Follow the Tribune News Service for a wide-ranging coverage of events as they unfold, with perspective and clarity.

Join Whatsapp Channel of The Tribune for latest updates.