New Delhi: Delhi Wing’s economic violation has arrested a man for allegedly deceiving more than 60 farmers by persuading them to maintain their crops sold under the pretext of giving them higher returns, officials said on Friday.
According to the police, the defendant Prem Chand (60) cheated around 64 farmers around RS 3.5 Crore.
Farmers who were easily fooled sold their plants and grains to the defendant’s shop in the Narella wheat market and because he owed because of business losses, he began to maintain their crops by inducing them with a higher return guarantee and issuing receipt for the same thing.
They said.
But when farmers demand their money back, Chand Shut Shop and fled to Faridabad, police said.
The investigation was initiated with Chand based on complaints submitted by a group of farmers, they said.
Additional Police Commissioner (Wing Economic Violations) RK Singh said, “The investigation of the case revealed that the defendant was maintained and further induces their farmers who sell their plants and grains since 2017-18 with the pretext of giving them a higher level.
.
These farmers believe it when he convinced them that the shop and the residence of Narela Bathing was worth Crores Rupee.
“” But when the farmers demanded the results and their investment returned, he escaped from a bath.
Next, the farmers know that the shop Narela shower residence mortgaged with a bank and because of non-payment, the property is auctioned by.
Bank.
The unscrupulous warrant was also issued to Chand, “he said.
The defendant was arrested from Faridabad on August 3, the officer added.