Ahmedabad: Fraud of more than two crores by luring high compensation accused arrested and investigation started – Ahmedabad Fraud of more than two crores by luring high compensation accused arrested and investigation started

by Ana Lopez

A complaint of fraud of crores of rupees has been registered against Husama Syed in the eow section of Ahmedabad Crime Branch. In which the name of the person arrested by Economic Crime Prevention Branch is Husama Syed. This accused Hussain is originally a resident of Daryapur Ahmedabad. Who has been arrested in the crime of cheating people by luring them to withhold money and get high returns.

Ahmedabad: Fraud of more than two crores by luring high compensation, accused arrested and investigation started

Ahmedabad Crime Branch Arrest Fraud Accused

There is a saying that ‘If you are greedy, you will not die if you are greedy’, this saying is true in Ahmedabad. A complaint of fraud of crores of rupees has been registered against Husama Syed in the economic crime prevention branch of Ahmedabad crime branch. In which the name of the person arrested by the Economic Crime Prevention Branch is Husama Syed. This accused Hussain is originally a resident of Daryapur Ahmedabad. Who has been arrested in the crime of cheating people by luring them to withhold money and get high returns.

Acquaintances were explaining greedy schemes

This accused Hussain has extorted crores of rupees from different people by offering a compensation of 10 to 15 percent in a month, the total amount of which has reached more than 02 crore 09 lakhs. In this whole matter, a complainant lodged a complaint in the police station as he did not get compensation. The modus operandi of this ruthless criminal was that accused Hussain Syed used to explain the greedy scheme to his acquaintances.

In which he used to buy the cars that were sizing in finance at a cheap price in the auction, after that he used to get lakhs of rupees by saying that he would get a big profit by distributing the cars in a month.

Accused Hussain was also writing a notarized document

The latter did not give the vehicle or compensation to the buyer, thus the investigation revealed that the accused was committing the crime. Accused Hussain used to write a notarized document and also give bank checks to keep people’s trust.

Collected more evidence against Hussain

It is important that a police complaint has been registered against the accused in Ahmedabad’s Kalupur and Shehrkotda areas. The Crime Branch of the Crime Branch has collected more evidence against the accused Hussain and is investigating how many more people are involved in the entire fraud. Apart from this, further investigation has been conducted in the direction of how many people have been victimized and the total amount of rupees has been cheated.

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