Two more arrested in ₹63-lakh gold fraud case
The city police arrested two more persons in connection with cheating a wholesale gold dealer of ₹63 lakh. The police recovered ₹44.5 lakh in cash allegedly swindled from the victim.According to the police, the complainant, Anmol Jain, 24, of Aminjikarai, runs a wholesale gold jewellery business with his relative, Namith. On July 17, Namith informed him that two men had offered to sell gold at a price below the prevailing market rate and asked him to bring ₹63 lakh in cash for the transaction.Anmol met the suspects near Arumbakkam metro station before they took him to a commercial complex, claiming the gold was available there.
- ▪The city police arrested two more persons in connection with cheating a wholesale gold dealer of ₹63 lakh.
- ▪The police recovered ₹44.5 lakh in cash allegedly swindled from the victim.According to the police, the complainant, Anmol Jain, 24, of Aminjikarai, runs a wholesale gold jewellery business with his relative, Namith.
- ▪On July 17, Namith informed him that two men had offered to sell gold at a price below the prevailing market rate and asked him to bring ₹63 lakh in cash for the transaction.Anmol met the suspects near Arumbakkam metro station before they t
Opening excerpt (first ~120 words) tap to expand
The city police arrested two more persons in connection with cheating a wholesale gold dealer of ₹63 lakh. The police recovered ₹44.5 lakh in cash allegedly swindled from the victim.According to the police, the complainant, Anmol Jain, 24, of Aminjikarai, runs a wholesale gold jewellery business with his relative, Namith. On July 17, Namith informed him that two men had offered to sell gold at a price below the prevailing market rate and asked him to bring ₹63 lakh in cash for the transaction.Anmol met the suspects near Arumbakkam metro station before they took him to a commercial complex, claiming the gold was available there.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu — Top.