A couple has been arrested for allegedly cheating several people to the tune of Rs 30 crore and jumping bail, police said on Sunday.
The accused persons, Vinod Bansal (57) and Preeti Bansal (56), were also wanted in three cases by the Central Bureau of Investigation (CBI) and the Economic Offences Wing of the Delhi Police, they said.
During interrogation, they told police that they used to lure people to invest money in their fake projects. They had also taken loans from several banks and financial institutions, he said.
Later, he opened a school in Ludhiana. He lured people to invest in his school and duped them, the DCP said.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)