NEW DELHI: A 55-year-old businessman and an MBA graduate have been arrested by the Economic Offences Wing (EOW) of Delhi Police for allegedly duping people of crores of rupees on different pretexts.
In the first case, the arrested man has been identified as Shankar Kashid from Mumbai. EOW had filed an FIR against him on a complaint filed by a businessman alleging that he had been cheated of Rs 4.53 crore. Kashid took money promising to deliver raw material required by the complainant, but allegedly absconded after taking the money, police said.