हिंदी
Chandigarh, May 31 – Haryana Police has arrested the Managing Director of a fraud company from Gujarat, who was alleged for duping the citizens of Haryana and Punjab worth crores of rupees in the lieu of hefty returns on investment.
While giving information here today, the spokesperson of Haryana Police said that the accused, who is absconding for the last five years, has been identified as Jagjit Singh alias Ladi, a resident of Sant Vihar Colony, Amritsar.
Apart from Fatehabad district, cases of fraud are also registered against the accused in various districts of Punjab including Rupnagar, Barnala, Tapan Mandi, Bathinda, Malerkotla, Sangrur, Mohali etc. He was absconding after bail from the court in a case registered in Punjab.
After getting complaints from people from dozens of villages on 26 January 2017 in Fatehabad district, police registered a case against Sandeep Singla and his son Saurabh Singla, both residents of Bhatia Nagar Tohana, Avtar Singh resident of Bassi Pathana Punjab, Jagjit Singh alias Ladi of Amritsar and Jaswinder of Barnala. They were accused of duping people with crores of rupees by luring them to get hefty interest by investing money in their companies and later absconded.
In this case, the police had already arrested Saurabh, Avtar Singh and Sandeep Singla on charges of embezzlement and fraud, while the company’s MD Jagjit Singh alias Ladi was absconding.
The arrested accused was produced in the court which sent him a 10-day police remand for intensive interrogation and recovery.
