Sunday, November 11, 2018

Man who duped Army veteran of Rs 1.40 cr held upon return to India after 2 years

Noida: A former finance consultant of a private bank was arrested Saturday from the Delhi airport by the Noida police for allegedly duping a retired Army man of Rs 1.40 crore, officials said.

The accused, Vinay Chadda (29), was held in the morning when he arrived at the Indira Gandhi International Airport from Dubai, they said.

A case was lodged at the Noida Sector 20 police station against Chadda in 2016 for duping retired colonel Ravindra Nath Pandit (82) offering a bogus life insurance policy, police said.

Chaddha, a resident of Delhi, had opened 23 fake insurance policies of Pandit, and between 2009 and 2016 defrauded him of Rs 1.40 crore, senior superintendent of police (SSP) Ajay Pal Sharma said.
"A case was registered against Chaddha at the Sector 20 police station in 2016 for a fraud worth Rs 1.40 crore. A lookout notice was issued against him. When a non-bailable warrant was issued against him then, he did not appear in court but fled to Dubai. He was tracked and held from the IGI airport upon arrival from Dubai," Sharma said.
A sealed bag along with 4,675 Dinar and Rs 2,570 were seized from his possession upon arrival at the airport, the police said.
10/11/18 PTI/Times of India
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