Hyderabad, May 12: A con man was arrested by the Crime Investigation Department (CID) for cheating people by promising gold biscuits at a cheaper price in Rajahmundry on Wednesday.
The arrested, V Srinivas Gupta, duped more than 60 people by taking lakhs of rupees from people for gold biscuits.CID officials recovered Rs 54 lakhs cash, three gold biscuits, gold and silver ornaments worth Rs 10 lakhs and a Swift Dzire car worth Rs 9 lakh.
“Srinivas lived lavishly on the money taken from these gullible people,” the DGP (CID) said.
–Agencies