Three arrested in the Rs 1,000 Cr QNet cheating case

Admin   |   30 May, 2016   |   811   |   3980

MUMBAI: The city economic offences wing (EOW) arrested three independent representatives (IRs) of the self-proclaimed marketing firm, QNet, in connection with the Rs 1,000 crore fraud case. The trio was part of a motivational program to attract investors on Sunday when a police team landed there and arrested them from Thane.



"We have arrested them for their role in the QNet case. Our teams have sped up the arrests and all those involved in this cheating case will soon be nailed," said Dhananjay Kamalakar, joint commissioner of police, EOW. Those arrested included Ghakopar resident Haresh Bhadra (37), Suvija Pai (36) and Monish Bhandarkar (31), both Thane residents. "We received information that they were propagating the QNet activities and trying to attract investors. Our team reached there and nabbed them. We have seied a laptop mobile phones. Further probe is on," said Pravin Padwal, DCP, EOW. The QNet case began with one complaint, Gurpreet Singh Anand, who raised voice about losing Rs 30,000, has as per police records now crossed a figure of Rs 1,000 crore with more than five lakh investors losing thier money in the cheating case. Anand said that the firm has cheated lakhs of Indians by promising high returns on their investments.