Cop, 5 others held for ‘gold coin fraud’

The Salem police on Tuesday arrested six people including a special sub-inspector for cheating a financial firm owner of Rs 15 lakhs under the pretext of selling gold coins at a lower price.

migrator

Published:3rd Nov, 2021 at 7:26 AM

Coimbatore

Police said Palani, 36, who runs a chit fund firm in Tiruvannamalai district, had collected money from people under a special scheme to provide gold coins, sweets and crackers for Deepavali. He was approached by the fraudulent gang members, who assured to sell gold coins at a cheaper cost. The gang however intercepted Palani’s car claiming to be cops. However, Palani and Baskar managed to nab one of the accused and handed him over to the police. the cops nabbed the others.

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Cop, 5 others held for ‘gold coin fraud’

The Salem police on Tuesday arrested six people including a special sub-inspector for cheating a financial firm owner of Rs 15 lakhs under the pretext of selling gold coins at a lower price.

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