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Director of Chit Fund company Majitha, accused of fraud of 10 crores, arrested, hundreds of people were cheated in Chhattisgarh.

  After defrauding hundreds of people of more than 10 crore rupees in Raipur, the capital of Chhattisgarh, Swaran Singh, the director of Grindley Forest India Private Limited Chitfund Company, who has been absconding for eight years, has been arrested from Majitha in Punjab. The accused opened a company office in Banstal area of Raipur and preyed on the people of Raipur and nearby areas. A case of fraud is registered against him in many police stations of Raipur. Several other victims including Alkhram Sahu had lodged a complaint of cheating in Golbazar police station in 2015. In this, he had told that Grindley Forest India Private Limited Company and Grindless Project and Developers Ltd. Director Alok Kumar Bhadra, Santosh Sikandar, Swaran Singh and other employees gave the impression of returning three times the amount on investing money in the chit fund company. was The victims had deposited more than ten crore rupees after falling for their scam. When it was time to return the amount, the director of the company and other employees ran away. In this case, the police had registered a case under Section 10 of the Fraud, The Prize Cheats and Money Circulation Scheme (Prohibition) Act. Alok Kumar Bhadra and agent Krishna Prasad Chandrakar have been arrested and sent to jail in this case. The team arrived by tracing the location A joint team of Anti-Crime and Cyber Unit and Golbazar police station traced the location of the absconding accused. A police team reached Amritsar after receiving information about Swaran Singh's presence in the city of Amritsar in Punjab. Meanwhile, Swaran Singh (55), a resident of Medical Enclave, Kothi No. 415, Police Station Majitha, Amritsar, was arrested from Medical Avenue located on Majitha Road. He has been brought to Raipur on Sunday on transit remand.