BSF Gurgaon/IBNS: Police have recovered Rs 14 crore in cash, jewellery worth Rs 1 crore and seven luxury cars, including a BMW, Jeep and Mercedes - from a Border Security Force (BSF) officer in Haryana.
BSF Deputy Commandant Praveen Yadav, who was posted in the National Security Guard headquarters (NSG) at Manesar in Gurgaon district, has been arrested for cheating people of Rs 125 crore while posing as an Indian Police Service officer, police said.
The Gurgaon police has also nabbed the officer's wife, Mamta Yadav, sister Ritu and an accomplice.
"He got all the money of the fraud transferred to a fake account in the name of NSG. This account was opened by his sister Ritu Yadav, who is a manager in Axis Bank," the police said.
He duped crores of rupees from people on pretext of getting construction contracts in the NSG campus.
"Praveen Yadav suffered a loss of Rs 60 lakh in the stock market and he planned to recover the money by cheating people," said Preet Pal Singh, ACP Crime, Gurgaon Police.
Recently, Yadav was transferred to Agartala but he had gathered so much wealth by cheating people that he resigned from the post, a few days ago.
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