Third accused arrested in Rs 74L Panchkula boutique firm fraud

The police have arrested the third accused in connection with a Rs 74 lakh fraud case involving a boutique firm.

The Economic Offences Wing (EOW) apprehended the accused, identified as Happy Singh, son of Ruldu Singh, a resident of Mansa, Punjab.

According to Deputy Commissioner of Police (DCP) Srishti Gupta, the case was registered on the complaint of Vijay, a Punjab resident, at the Sector-20 Police Station.

The complainant told the police that he was in partnership with Suman, proprietor of Sui-Dhaga Boutique Firm. Together, they purchased lathe and milling machines worth around Rs 74 lakh from Vietnam and Sonipat. However, Suman and her husband Anil allegedly conspired with Happy Singh to misappropriate the machines. Initially stored in Sonipat, the equipment later sold at different locations in Punjab without the complainant’s knowledge, with fraudulent intent. A case was registered under Sections 406, 420, and 120-B of the Indian Penal Code.

Given the seriousness of the allegations, the matter was handed over to the EOW, Panchkula. On May 15, a team led by Inspector Subhash Chander had arrested Anil, son of Balram of Dhakoli, Punjab, along with his wife Suman from Bathinda. Both were sent to judicial custody.

Continuing the investigation, Assistant Sub-Inspector (ASI) Pradeep and ASI Manoj apprehended Happy Singh from Punjab on September 16.

He was produced before the court today and remanded to two days’ police custody. Police officials said efforts are underway to trace the machines and recover the defrauded amount.