EOW of Delhi Police Arrested Absconder of Luring Money from People

EOW Delhi Police has arrested Satnam singh S/o Piyara Singh R/o H.No 315, Fatullahpur, Kharar, Mohalli PB who was declared absconder, in case Fir No 218/08, U/S 406/420/34 IPC re 3,4,5,6 PCMC Act PS EOW.

The accused floated a company in the name of NGP Pvt. Ltd. and lured innocent people into investing in a fake scheme promising handsome return on their investment in short period. To bring in more people in his trap, he initially gave gifts to the depositors and offered handsome incentives to agents who brought deposits from the individuals. The accused used every trick of the trade i.e. organizing domestic as well as foreign tours for the agents to induce them to rope in more depositors and grew the company on the principal of multi level marketing scheme. He targeted thousands of small depositors by offering schemes with small initial deposit of Rs 300, Rs 1500, and Rs 12000 and within a small period of six seven months (Feb 2008 to Aug 2008), the company collected more than Rs1.5 Crores from hundreds of victims. After the lapse of the maturity period when depositors started demanding their returns, the accused closed the company office and went underground and had been hiding since several years without returning the hard earned money of thousands of investors.

A team was  formed under SI Rakesh Yadav under overall supervision of ACP Sh. Rajiv Midha for arresting the accused. A drive was launched for his arrest as he was avoiding arrest since several years. On technical surveillance and ground intelligence, it was revealed that the accused had been residing somewhere around Chandigarh. Further enquiries revealed that he has been operating a bank account in Axis bank, Chandigarh which ultimately led to his hideout and subsequent arrest.   

On Interrogation Accused Satnam Singh revealed that after closing the offices at Delhi he had taken refuge in Mohali (Punjab), as many people were chasing  him for the refund of their money. Accused had purchased a flat from the victim’s money which was sold later. After he left for Punjab, his brother in law Jasbir Singh another, Director, managed the affairs of the company, who is also now absconding.

Satnam singh S/o Piyara singh R/o H.No 315, Fatullahpur , Kharar, Mohali Pb is the fourth of six siblings of his parents. He has studied upto 9th class in Govt school in Uttamnagar, Delhi and is a Carpenter by profession.

Comments

Post a Comment

Popular posts from this blog

Sameer Ansari, Don of Bihar, having a Reward of Rs 50000/- Arrested in Delhi

Image
A team of Special Cell led by Insp. Attar Singh and consisting of SI Sandeep, SI Jeetendra Tiwari, Ct. Devender, Ct. Sumer etc under the supervision of ACP Sandeep Byala, has arrested a notorious gangster and most wanted criminal of Bihar namely Sameer Ansari s/o Mobin Ansari r/o Ward No.1, JamadaarTola, Bettiah, Distt. West Champaran, Bihar from his new hideout  in a rented house in  Village Rajokari, Delhi. Arrested Sameer Ansari is having reward of Rs. 50,000/- upon his arrest from Bihar Police. He is wanted in more than 15 cases  of heinous crimes like  murder,  attempt to murder, extortion, dacoity, kidnapping for ransom, intimidation, assault, arms act and escape from police custody. Arrested Sameer Ansari is one of most wanted criminals of Bihar who has gained notoriety in contract killing, gang war, extortion , running tender mafia, drug trafficking and FICN circulation in Bihar. There was information with Inspector Attar Singh of Special Cell about ...
Read more

Imposter IPS Officer Arrested; an Academic Who Became a Cheat to Realize His Dream Unfulfilled

Image
A team of Special Cell led by Inspectors Rahul Sawhney and Sanjay Kumar has arrested a cheat who impersonated as an IPS officer to cheat several persons in Delhi. On 23/02/2015,one Kultar Singh,s/o Late Raj Singh, r/o F-10, Gali No.2, Krishna Park, Tilak Nagar, New Delhi who runs a shop dealing with sale purchase of mobile phones in Gaffar Market of Karolbagh, Delhi made a complaint stating therein that a person in the name of ‘Satheesh Nair’ who had introduced himself as an IPS officer of Jaipur, Rajasthan, had come to his shop on 30/01/2015 and had purchased two mobile phones in exchange of two old phones by paying an amount of money. During the course of interaction,Satheesh Nair had shown his Identity Card to this complainant to convince him that he was an IPS officer presently posted in Jaipur, Rajasthan and was expecting his next posting in Delhi. In their next meeting, the imposter induced the complainant in parting with two more mobile phones and Rupees One Lakh...
Read more

MOST WANTED GANGSTER NAMELY GYANENDER @ GADGU REWARDEE OF RS.1 LAC ALONGWITH HIS ASSOCIATE RAJIV DAHIYA @ RAJU ARRESTED

Crime Branch has arrested two dreaded and desperate criminals namely (1) Gyanender @ Gadgu (29 yrs) s/o Mahender r/o Village Mandhothi, Distt. Jhajjar, Haryana, who is wanted in two sensational cases of murder of Haryana including one that of a brutal massacre, one case of attempt to murder of Badli, Delhi and 3 cases of extortion in Delhi & Haryana and (2) Rajeev Dahiya @ Raju (39 yrs) s/o Sukhbir Singh r/o R-95, Gali No. 15 A, Sawtanter Nagar, Narela, Delhi (permanent address-Village Nahari, Distt. Sonepat, Haryana), who is an absent BC of PS Narela, a bail jumper, a declared proclaimed offender in 2 murder cases and one case of Arms Act . At the time of apprehension, both the accused fired on police personnel, however, they were finally overpowered. Accordingly, case FIR No.87/16 u/s 186/353/307/34 IPC & 25/27 Arms Act, PS Crime Branch, Delhi was got registered and investigation of the case was taken up.     INFORMATION, TEAM AND OPERATION :­ - ...
Read more