A woman, accused of cheating people by allegedly extorting money from them on the pretext of giving them suitable interest rates of their deposits, was today arrested in Jammu, an official said.
The officials of the Crime Branch arrested the woman of Rehari in a case of 2015 registered under Section 420 (Cheating), 406 (Punishment for criminal breach of trust), 120-B (Punishment of criminal conspiracy) of the RPC, a Crime Branch official said.
The woman is involved in extortion of money from people of Jammu city on the pretext of providing suitable interest rates against the money deposited with her, he said.
She was at large and was reportedly residing in Ahmedabad, Gujarat, the official said.
The Crime Branch of Jammu developed inputs about her presence and laid a trap for her arrest from the city, he said, adding that during the course of investigation she has admitted of duping people by way of deception.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
