Vichitraveer singh - Latest News Update, Information, Photos & Videos on Vichitraveer singh at Lokmat Times

New Delhi, July 29 A 38-year-old man, who was once a cook in the Border Security Force (BSF), quit his job and turned into a high-end fraudster, duping people of over Rs 100 crore in three years, Delhi Police said on Friday.The accused, identified as Ram alias Ram Marwari, a resident of Rajasthan's Jodhpur, has been arrested.He was involved in 59 cases of cheating through a multi-level marketing company and was declared a proclaimed offender in 46 cases.Deputy Commissioner of Police, Crime Branch, Vichitraveer Singh, said that a specific information was received on Thursday that the accused will be coming to Rohini to meet his contact. On the basis of the information, a team was set up, laid a trap, and apprehended the accused.During interrogation, the accused revealed his journey from being a cook to high-end fraudster of Rajasthan. "He quit his job as a cook in BSF to do something that would make him rich. In 2007, he opened a security agency in Rajasthan's Jaipur and recruited 60 employees."Thereafter, he sold the security agency to an ex-servicemen and started working in a MLM company Mitashi Marketing and Consultancy Pvt Ltd as an agent. There he earned about Rs 1.5 crore," the DCP said.In 2008, he established a new company and in 2009, he made it a limited company and became its Managing Director."This company used to offer commission on joining of new members. Each member had to deposit Rs 4,000 and in return, the member would get a safari suit worth Rs 400. Each member had to further get at least 10 more members to join, to be eligible for commission. Assured returns on their investments were also guaranteed to the members," the senior official said.On giving business of Rs 2 lakh per month, for 12 months continuously, the member would get a motorcycle from the company. In this manner, thousands of members had joined and Ram cheated them of more than Rs 100 crores.After some time, when the company started defaulting in the payment of commissions and re-payment, large number of criminal cases and complaints were filed against the company in 2011, in Rajasthan. However, he fled to Madhya Pradesh's Indore and there, obtained a license for cooperative society."He has thereafter lived with assumed names such as Ram and Ram Marwari. Thereafter, he dabbled into various businesses in which he lost money. In 2014, he came to Delhi and started property dealing," the official said.In 2018, the accused opened a grocery store but again suffered losses. Last year, he set up an e-commerce platform called "Apna Kart". The accused shifted his base to Indore and lived there in a rent-controlled house."Going by his past record, it appears that through this platform as well, he might have made quick money by cheating people," the official added.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Vichitraveer SinghFOLLOW

Vichitraveer singh, Latest News

Politics :Jahangirpuri riots: Wanted accused held, locals pelt stones on cops

New Delhi, Aug 3 The Crime Branch of Delhi Police has arrested a 29-year-old man wanted in connection ... ...

National :BSF cook-turned-fraudster held for duping people of over Rs 100 cr

New Delhi, July 29 A 38-year-old man, who was once a cook in the Border Security Force (BSF), ... ...