Thane jeweller held for duping depositors

A jeweller in Maharashtra's Thane district was arrested for allegedly duping hundreds of people after accepting deposits from them promising high returns, police said Friday

Inspector Avinash Sonkar of Naupada police station said Santosh Shelar was running the deposit scheme using a network of agents and sub-agents between February last year and April 2019

"Sonkar was arrested late Thursday night after severalpeople filed complaints that he neither returned money or insome cases ornaments as promised. The total value of depositswith the accused might be a few crore rupees. The 10-15 peoplewho approached police on Thursday have claimed they investedRs 4 lakh," Sonkar said.