Astonishing! A gold medalist doctor has been arrested for staggering fraud of Rs. 1000 crores. The 63-year-old used to set up bogus companies, lure investors with advertisements, and then disappear with their money. He was finally arrested from Thane station after being on the run for about two years. The doctor used to set up bogus firms and issue advertisements to lure investors.
After getting investor’s money, he would shut office and disappear to other place to start yet another racket. The doctor had set up several 'companies' across the country, including in Assam, Tripura, Orrisa, West Bengal, Uttar Pradesh, and Jharkhand. The police believe that he had made a staggering sum of Rs 1000 crore by cheating people with such schemes . The doctor started his ‘career in crime’ by setting up three companies—Jag Polymers, Jio Shine Mines & Metals, and Milani Techno Engineering. He…