JAIPUR: A man accused of duping people of nearly Rs 100 crore through his multi-level marketing company was arrested by the Jalupura police on Friday. On the basis of mobile surveillance, a team nabbed him in New Delhi.
According to deputy commissioner of police (north) Ashok Naruka, the accused Jitendra Saithwal is a resident of New Delhi.
One Minakshi Singh had registered an FIR against Jitendra and three others on January 10 with the Jalupura police station. The accused ran a multi-level marketing company called Arya Roop Tourism and Club Resorts.
“She alleged that she had added 450 people in a chain system and deposited Rs 6.75 crore in the company’s bank account on the assurance of good returns,” said Naruka.
Several others had also deposited money from other parts of the city and state. The cops estimate the total deposit to be nearly Rs 100 crore. After some time, Jitendra and his partners disappeared with the money.
The search for the other accused is on, police said.