LUCKNOW: A 45-year-old criminal, who was wanted in seven fraud cases and absconding for the past two months, was arrested from Chinhat on Wednesday.
Police said the accused, Ajay Kumar Baghel, was booked under the Gangster Act.
Baghel,a resident of Chinhat, was accused of duping people of crores of rupees by impersonating himself as the owner of a construction company, a transport agency and a stock market trader. He managed to convince gullible investors to invest in his firms on the pretext of lucrative returns as dividends.
Additional Deputy Commissioner of Police (East Zone) Syed Abbas Ali said Baghel's brother Vijay was his partner in crime and together they duped several people of crores of rupees.
The first FIR against Baghel was lodged in 2019 at Ghazipur (Indiranagar) police station, in which Baghel refused to refund the money of an investor and threatened him of dire consequences, informed the senior cop.
"So far, seven victims have lodged complaints against him at different police stations in the city. Earlier in June, police had slapped Gangster Act on Badgel and he was absconding since then. Acting on a tip-off on Wednesday, police nabbed him from Chinhat. However, his brother is still on the run," he added.
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