Chakra Group director Partha Chakraborty held over cheating case
According to reports, several complaints were lodged at different police stations in Kolkata against the company, which was headquartered in city's Ultadanga area, and its owner.
"Promoting fake schemes, the company allegedly collected over 100 crore rupees from the market," a senior official of Kolkata Police told IBNS.
"The company also took a huge amount money from general people promising to give them flats and the fraud firm neither handed over flats' keys to the buyers nor returned their deposits," the officer added.
Since the city police had started probe into it, Chakra Group's director Partha Chakraborty and other officials went untraceable and on Friday night, police nabbed Partha Chakraborty.
"We will produce the man to a city court today and will appeal to the court for his police custody," a city police official told IBNS.
"We are interrogating him to know about others involved in the cheat fund,"the official said.
(Reporting by Deepayan Sinha)
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