India, June 25 -- LUCKNOW The Uttar Pradesh Special Task Force (STF) has arrested another accused in the alleged multi-crore Shine City land investment fraud. Carrying a Rs.1 lakh reward, Mohammad Shamshad Ansari alias Guddu had been on the run for nearly four years, investigators said. Officials said the accused was arrested late on Wednesday night from the Utraon area on GT Road in Prayagraj.

They claim that he moved from a merchant navy job into the company's plot-selling network before disappearing as cases mounted against its operatives. Ansari was wanted in three cases registered at Kotwali Nagar police station in Sultanpur concerning allegations of cheating investors in land and plot schemes.

According to the STF, the accused tol...