The Economic Offences Wing of Delhi Police has arrested a woman for allegedly duping her neighbours of over Rs 1 crore by running a kitty and inducing them to invest money to get high returns in a short period of time.
The accused has been identified as Sarla Garg (52), a resident of Delhi’s Dwarka who used to operate kitty parties in her society. It has been alleged that the accused has duped more than 25 people by inducing them to get high returns in a shorter period of time.
A case was registered against the accused on the joint complaints of 28 people under sections 406, 420, 120(B) and 34 of the Indian Penal Code.
The complaints alleged that the accused used to run a kitty scheme from her residence and had collected about Rs 1.01 crore from the victims.
“She had promised to return the matured amount within 15 months, but even after passing of the maturity period, she neither returned the principal amount nor paid any profit to the investors. After a few months, Sarla along with her family members left her address and shifted to some other unknown place,” the victims had alleged.
The accused used her WhatsApp mobile number to chat with the victims and send the kitten scheme messages.
A novel virus, provisionally named Xue-Cheng Virus (XCV), has recently been identified in northeastern China,…
A global scientific study has uncovered new genetic risk factors for depression, highlighting the importance…
Billionaire Richard Liu Qiangdong continues to support his village, remembering the financial help he received…
Neil Gaiman has denied multiple allegations of sexual misconduct following a New York Magazine article,…
A psychologist in Nagpur was arrested for exploiting and blackmailing at least 50 students over…
The designation of Tamil as a language to be celebrated in the US has sparked…