MBA Cheater! Started Doing Deals By Creating A Fake Company, Defrauded Traders Of Crores Of Rupees

In the name of paying sugarcane dues from the farmers, the MBA youth has cheated crores of rupees. This fraudster cheated scrap dealers in various states of Rs. 20 crore fraud. Solving this case, the police have arrested the thug Kamaruddin from Nandgram police station in Ghaziabad. Kamaruddin, who posed as a sugar mill middleman, has committed fraud in various states of the country. The accused also preyed on two scrap dealers from Ghaziabad.

Nandgram Police Station of Ghaziabad Commissionerate has arrested an MBA pass fraudster who was duping people of crores of rupees in the name of selling scrap metal. The name of the accused arrested by the police is Kamaruddin who is an MBA pass. He took advantage of Kamaruddin’s education very cleverly. As director of scrap services between Lucknow-based G Multi Trading Limited Services and Sugar Limited, Kamaruddin introduced himself to scrap dealers. He did the same with two scrap dealers from Ghaziabad.

1 Crore fraud with traders of Ghaziabad

The fraudster had deposited around Rs 1 crore from two Ghaziabad-based businessmen into their accounts through RTGS. When the scrap dealers came to collect the scrap from the said sugar company, the ground slipped under their feet as the whole affair was fake. The scrap dealer has filed a fraud complaint at the Nandgram police station. The police registered a case and started investigation. The police reached Lucknow and arrested the accused Kamaruddin.

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The police brought the accused to Ghaziabad

After arresting the accused, the police brought him to Ghaziabad and started questioning him. Kamaruddin told the police that he had defrauded scrap dealers in Ghaziabad and other states of crores of rupees. It includes the states of Rajasthan, Haryana, Delhi, Uttar Pradesh etc. Giving information, DCP City said that the accused Kamaruddin has not been arrested anywhere on the charges of fraud so far.

The accused is an MBA

Ghaziabad police have succeeded in arresting the thugs. Kamaruddin also informed the police that so far he had cheated various scrap dealers of around Rs 20 crore in the name of a similar bogus company. However, Kamaruddin is an MBA pass and his employment and work was going very well before the Corona period. But after the corona period, his business stopped.

Created a bogus company after going out of business

After the business stalled, Kamaruddin hatched a scheme to defraud and then started defrauding scrap dealers in the name of a fake company. The accused was becoming more and more successful in his plan. Meanwhile, the police received a complaint against the accused and then the police arrested him.