Hyderabad: Gang nabbed for cheating man of Rs 25 Lakh

The police recovered an amount of Rs 2,80,000 from the possession of the accused.

Update: 2018-04-21 20:15 GMT
A team of central tax officers has arrested the director of a private firm who failed to pay taxes within the stipulated time in the new indirect tax regime.

Hyderabad: The Sultan Bazar police arrested an interstate gang who were allegedly involved in cheating cases. The accused were identified as Niyaz Ahmed, 35, Raj Bahadur Maurya, 48, Santosh Tiwari, 36, Sagiroddin Shaikh, 65, Ansari Shakeel Ahmed, 54,  and Amiruddin Ansari, 33.

“The accused cheated a person saying that they were partners with Electric Motors at Rayalaseema paper mill in Kurnool and promised the victim that they would get him materials from that company at Rs 45 per kg and misappropriated an amount of Rs 25,96,000 by transferring it to their account” said Ramesh Reddy, DCP East Zone.

The police recovered an amount of Rs 2,80,000 from the possession of the accused.   

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