Ponzi scheme racket busted

Ropar, May 19

The police busted a gang, which ran a proxy of a global gaming company and duped a Morinda resident of lakhs.

Ropar SSP Akhil Chaudhary said accused Ikshit of Sirsa and Ankit from Bhiwani (Haryana) and Gurpreet Singh, Sachinpreet Sindhu and Rakesh Kumar of Mohali had been arrested and Rs 8.2 lakh was recovered from them. Chaudhary said Munish Sethi, a resident of Morinda, had filed a complaint that he recently came in contact with the accused, who offered him high returns against his online investment in Espian Global Company. — TNS