New Delhi: A Bengaluru man has been arrested for allegedly deceiving a Delhi businessman for Rs 10 Crore on the promise of Untung Rs 500 Crore to facilitate the sale of several radioactive articles approved by Drdo accused, police said here on Friday.
A Delhi police team captured Atheq Ahmad who was accused of complaints east of Delhi from paint and hardware traders-based Kailash Sanjay Taneja.
In his complainant, Taneja accused him that he was cheated by a group of 22 people, including Ahmad, amounting to Rs 10.63 Crore between March 2016 and September 2018, a senior police officer said.
Tricksters made it a part with money to help them maintain their radio-active articles, it was said to be approved by the research and defense development organization, in their company before their sale to the M / S barclays metal company, the officer added.
Taneja said he gave all the amount to be accused of either through bank transfers or checks or cash at several stages, officials said, added during the investigation, most of the money was found to be transferred to the metal world M / S barclays.
And M / S Barclays Metal World was found as a single ownership company accused of Ahmad and dealing with scrap metal.
While deceiving a tane to transfer money from time to time, fraudsters continue to delay the sale of radioactive materials intended with their testing and maintenance pretusions in various companies such as the M / S Devyani group, Anjneya Rental Samiti, M / S Barclays Metal World, all run by them, the additional police commissioner (EOW) RK Singh.
In this case, one accused Bhawani Singh Shekhawat has been arrested, he said further investigation was ongoing to arrest people accused of others, added the police.