Surinder Dogra and Kunal Dogra, natives of Patiala in Punjab, were arrested from near Mahamaya flyover in Noida, DSP Raj Kumar Mishra said.
The duo had set up a firm with office in Delhi and had even hired employees. They offered low-cost flats in Greater Noida West and collected registration and allotment money, the police officer said.
In the last one year they had duped around 30 people and collected around Rs 20 crore from them. They had offices in Noida Sector 63 and Mumbai too and claimed to be investors for several residential projects in Greater Noida West, the DSP said.
Investigation is on to find if the accused were involved in more cases of duping people, Mishra said.
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