India, Sept. 26 -- The Delhi Police's Economic Offences Wing (EOW) has arrested an MBA-trained director of a real eState firm for allegedly orchestrating a multi-crore fraud that cheated over 31 middle-class investors of their hard-earned savings. Yogesh Sharma, aged 38 years, a resident of Noida, Uttar Pradesh, and a declared Proclaimed Person, was apprehended by the EOW team from Noida on Wednesday. The police State that Sharma and his co-directors lured the public to invest approximately '2.3 crore in their pre-launch residential project, "Big Bull Ashiana", at Chandwaji, on NH-8 near Jaipur, Rajasthan.
The arrest comes after multiple FIRs were filed across Delhi, Jaipur, and Noida against the company for cheating, forgery, and criminal...