Nagole Police Arrest Three Over ₹30-Crore Investment Scheme That Cheated 290
Police say investigators are tracing funds with possible links to a prior Gurugram cybercrime case.
Overview
- Nagole police arrested the prime accused, his wife, and an associate tied to Veerabhadra Trading and sent them to remand.
- The outfit ran from a rented office in Cooperative Bank Colony, Nagole, starting June 2024.
- Investigators say the trio lured about 290 people by promising ₹10,000 each month for every ₹1 lakh invested.
- Victims together put in nearly ₹30 crore, of which about ₹15 crore has been repaid so far.
- Police said early payouts built trust before the group stopped payments, and they urged investors to verify platforms that tout unusually high returns.