New Delhi, February 4
The Delhi Economic Offences Wing (EOW) arrested a conman from Uttar Pradesh who ran a lucky draw scheme and duped several persons of Rs. 1.38 crores.
EOW had received a joint complaint of 22 victims against one Indra Bahadur Singh (67), resident of Maharani Enclave in Uttam Nagar, Delhi.
As per case details, Singh was running a lucky draw scheme in the name of “Doctor Lucky Scheme” and he was also taking amount from the victims in the name of ‘Committee’. He gave passbooks to some of the victims/investors, who had invested money in “Doctor Lucky Scheme”. He showed the victims that his Chit-Fund Cooperative Society is duly registered as per law and thus induced the gullible investors to invest their small savings through him in the scheme/committee.
Add CP (EOW) Arutha Guguloth stated that during the course of investigation, the victims were examined and their statements were recorded. The account of accused has been frozen. It is found that the accused had switched off all his known mobile numbers. His address at Maharani Enclave was found locked. The investigation revealed that the said house had been sold off by the accused.
The EOW learnt that the accused may be hiding himself in Lucknow. The permanent address of the accused was traced and search was conducted at his native Lal Ganj, Pratapgarh, UP but he was not found there. It was revealed that the accused had visited his village in December, 2023. After vigorous efforts, the current residence of the accused was traced in Keshav Nagar area, Lucknow, but the said house was also found locked
The officials added that during his custodial interrogation, he tried to mislead the investigation by giving misleading answers. Sustained interrogation revealed that he told victims fairy tales and induced them that his schemes were the best way to get high returns for small savings. In order to lure the gullible victims, he assured them that he had registered his Chit Fund Co-operative society as per law.
