Crime Branch of Jammu and Kashmir Police today arrested a financer of a non-banking finance company in connection with a financial scam in Jammu and Kashmir.
Gurbachan Singh Dutta was arrested for sustained questioning to unearth involvement of other accused persons and recover relevant records in the case of duping people who had invested in the company, a Crime Branch spokesman said.
He said most of the bank accounts as well as movable and immovable properties belonging the financer have already been seized and frozen.
Efforts were afoot to collect more evidence and arrest the remaining accused persons including the kingpin, he added.
