Ritu Malhotra and Pooja Sharma were arrested from sector 31 by a team of Punjab police, SHO, Anil Shahi said.
The victim, Rajkumar, had lodged a report in Mohali alleging that representatives of a company had approached him and told him they buy gold and sell it off at profit and they pass on profit to company's investors.
He had invested Rs. 84 lakh in the company in 2014.
Later, company promoters had closed the office and fled.
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