2 held for duping investors of over Rs 200 crore
- Country:
- India
Two persons have been arrestedby the Economic Offences Wing (EOW) for allegedly cheatinginvestors of over Rs 200 crore by floating bogus schemes,police said on Wednesday
A case was registered on the direction of theMadras High Court against Dewan Housing Finance CorporationLimited and others for allegedly cheating the investorsthrough bogus schemes and non-repayment of Rs 218 crore, apolice release here said
The accused Kapil Rajesh Wadhawan and Dheeraj RajeshWadhawan were produced by the EOW before a special court forcases under The Tamil Nadu Protection of Interest ofDepositors Act for judicial remand, the release said.
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