Chandigarh, Jan. 5 -- A resident of Sector 51-A has been duped of nearly Rs.30 lakh by a man who promised him partnership in a broadband franchise business, police said. Complainant Parminder Singh Gill informed police that Amit Kapoor of SCF number 1, Sector 20-C, Chandigarh, approached him in November 2020 seeking financial assistance while claiming that he was running a cable network business under the name M/s Shivam Cable Network and required funds to obtain a Netplus Broadband franchise.

Kapoor allegedly sought Rs.7.7 lakh initially, assuring repayment within two months. Gill stated that he paid Rs.6.30 lakh in cash on November 28, 2020. Gill claimed that instead of returning the money, Kapoor allegedly persuaded him to invest furt...