Stories
Mandla Double Money Scam: Police Arrest 6, Recover ₹65 Lakh in "Hera Pheri" Style Fraud
- •Police in Mandla arrested 6 accused, including main culprit Rajik, in a fraud case involving promises to double money, recovering goods worth approximately ₹65 lakh.
- •The fraudsters initially doubled money for a few individuals to build trust, then absconded with crores after swindling many residents.
- •The accused, including engineering student Rajik Qureshi from Balaghat, were tracked across multiple cities like Nagpur, Gondia, Mumbai, and Balaghat.
- •Police recovered ₹32 lakh cash, three scooters, a Maruti Brezza, a Hyundai Alcazar, and a mobile phone, with the total seized property valued at ₹66.50 lakh.
- •Authorities are interrogating the accused and urge other victims of the double money scam to come forward and report to the police.
Key Questions Answered
The fraudsters lured victims by promising to double deposited money within a month. To build trust, they initially returned profits to a few people, and once they collected crores of rupees from hundreds of investors, the main accused and his associates fled the city overnight.
The mastermind behind the scam is an engineering student named Rajik Qureshi, who is a resident of Balaghat. He operated the syndicate alongside five other arrested accomplices, including Abdul Sameer Sheikh, Mohsin, Rasid Khan, Sajid Khan, and Imran Sheikh.
Mandla police formed a special team and used technical surveillance to track the suspects as they fled across multiple cities, including Nagpur, Gondia, Mumbai, and Balaghat. The police successfully arrested six accused persons and recovered cash, vehicles, and valuables worth approximately 66.50 lakh rupees.
