News From Press Bank manager held for duping over 30 under pretext of mutual funds investment

Bank manager held for duping over 30 under pretext of mutual funds investment

Source: Indian Express Aug 16, 2024

A bank manager was arrested for allegedly defrauding over 30 people under the pretext of investing in mutual funds, Nagpada police said Thursday.

The accused, Azar Kalaam Hashmi( 35), who hails from Uttar Pradesh and is residing in Kurla with his family, was apprehended following a complaint from Shabuddin Chaudhary, a small-time businessman, who claims to have been defrauded of Rs 25.5 lakh.

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