Two alleged conmen arrested for duping investors

New Delhi, July 11: Two alleged conmen were arrested Saturday for duping at least 150 investors of lakhs of rupees with their get-rich-quickly schemes, police said.

Directors of B.K. Jewellers House Marketing Pvt Ltd Chetan Malik and Rajesh Malik were arrested after over “150 complaints” were received alleging that the company had duped investors with “lucrative schemes of investments”, a police officer said.

The company had promised huge returns to people who invested with them. They also promised commissions for bringing in more investors.

“The company also conducted seminars at their office premises and at other places for attracting people to invest money in their schemes,” the officer said.

–Agencies