Citibank scamster held in Gurugram

Our Correspondent

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Gurugram, November 15

Shivraj Puri, a proclaimed offender, who masterminded the Rs 400 crore scam in Citibank in 2010 and went hiding, following conclusion of bail, was arrested again by the Gurugram police.

Puri was nabbed by the Sikanderpur crime branch from Dehradun. As per the cops, he had been cheating people even while on run. He was produced before a duty magistrate court and sent to judicial custody.

The accused has been identified as Shivraj Puri, a resident of Princeton Estate, DLF Phase-5. In 2010, he was charged with luring high net worth individuals and corporate entities into making investment and diverting the amount into the stock market, causing losses to the tune of Rs 405.52 crore to the investors.

Working as a relationship manager with Citibank, Shivraj had allegedly siphoned money worth Rs 400 crore of various customers to fictitious accounts.

After coming out of jail on bail in 2018, he jumped the bail and also cheated many persons again on the pretext of getting the best returns in investment. He was declared a proclaimed offender and bail jumper in 2018. An FIR was registered against him at the Shivaji Nagar police station.

The crime unit, Sikanderpur, finally nabbed him from Dehradun on Friday. He was sent to jail by a city court on Saturday.