Man held for duping several people in Delhi NCR

A man was arrested for allegedly duping several people to the tune of lakhs of rupees on the pretext of giving them handsome returns on insurance policies and investments, police said today.
Sumit Verma, 32, who moved in an Audi car and lived in a posh flat, landed in the police net after an FIR was lodged by Atam Prakash, a retired government employee, who was duped to the tune of Rs 77 lakh by him and his associates, Joint Commissioner of Police (Crime Branch) Ravindra Yadav said.
"The accused persons were operating from several companies in Noida and received the cheated amount in company accounts. Several cases of cheating are registered against the accused companies in Delhi NCR, Dehradun and Chandigarh and further details are being verified," he said.

Verma, who was director of one such company, had purchased the premium flat in a posh society and the luxury Audi car with his share of the cheated amount.
Other co-accused (directors of the alleged companies) are still at large and efforts are being made to nab them, the officer added.