Bhubaneswar, Feb. 1 -- The Economic Offences Wing (EOW), Bhubaneswar arrested the Managing Director of M/s GLF Infratech Pvt. Ltd. for alleged fraud of Rs 4 crore in the name of providing flats in Bhubaneswar. The accused has been identified as Deepak Kumar Chhotray of Delang area in Puri district. Chhotray was arrested from Bhubaneswar on January 31, the EOW informed today.

The accused was arrested based on the allegations filed by one Anil Kumar Panda. The complainant alleged that he along with 34 others was cheated by the MD of M/s GLF Infratech Pvt. Ltd.

The accused had promised them to provide plots in the company's residential projects at Patrapada, Bhubaneswar.

"After collecting different amounts from the prospective buyers, the...