NEW DELHI: A 47-year-old woman was arrested from south Goa for allegedly duping over 900 people to the tune of Rs 250 crore after promising them huge returns on investment in her app-based taxi company, police said on Monday.
According to a police complaint lodged in 2019, the woman and her business partners Saroj Mahapatra, Rajesh Mahto, Sunder Bhati and Harish Bhati duped people after promising higher rates of interest up to 200 per cent on a monthly basis on investment in her company called 'Hello Taxi'.
Police said more than 900 people have invested in the firm. The company has four co-directors who, along with the woman, fled with the money estimated at Rs 250 crore.
"During investigation, it was found that the directors of the company actively induced the victims to part with their money on the pretext of high returns by investing in Hello Taxi company," joint commissioner of police (EOW) O P Mishra said.
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NEW DELHI: A 47-year-old woman was arrested from south Goa for allegedly duping over 900 people to the tune of Rs 250 crore after promising them huge returns on investment in her app-based taxi company, police said on Monday.
According to a police complaint lodged in 2019, the woman and her business partners Saroj Mahapatra, Rajesh Mahto, Sunder Bhati and Harish Bhati duped people after promising higher rates of interest up to 200 per cent on a monthly basis on investment in her company called 'Hello Taxi'.
Police said more than 900 people have invested in the firm. The company has four co-directors who, along with the woman, fled with the money estimated at Rs 250 crore.
"During investigation, it was found that the directors of the company actively induced the victims to part with their money on the pretext of high returns by investing in Hello Taxi company," joint commissioner of police (EOW) O P Mishra said.