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The Times of India
The Times of India
National
PTI

Pune man booked for cheating investors of Rs 300 crore

Pune Police

PUNE: The Pune police has registered a case against a man for allegedly luring investors with a promise of big returns and cheating them to the tune of Rs 300 crore, an official said on Saturday.

The Bundgarden police on Friday registered an offence under relevant provisions of the Indian Penal Code and Maharashtra Protection of Interest of Depositors (MPID) Act based on a complaint lodged by an investor who allegedly lost Rs 36 lakh in the fraud, the official said.

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