Photo for representation
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A Bengaluru conman has been arrested for allegedly duping a Delhi businessman of over Rs 10 crore on the pretext of selling a &ldquo;radioactive plate&rdquo; that would fetch a profit of Rs 500 crore in the international market.</p>
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The accused has been identified as Atheeq Ahmad, a resident of Bengaluru.</p>
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According to the police, Sanjay Taneja, who runs a paint and hardware shop in Delhi&rsquo;s East of Kailash colony, complained that a gang of 22 people, including Ahmad, had cheated him of Rs 10.63 crore between March 2016 and September 2018 to facilitate the sale of the &ldquo;radioactive plate,&rdquo; which was purportedly approved by the Defence Research and Development Organisation.</p>
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Additional Commissioner of Police (Economic Offences Wing) R.K. Singh said the victim, through this deal, was assured of a profit of Rs 500 crore.</p>
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&ldquo;The money was taken through bank transfers, cheques and cash. The bank statements were analysed and it was found that the money had gone into the account of M/s Barclays Metal World. This was shown as a U.K.-based foreign company and a prospective buyer of radioactive material,&rdquo; the officer said.</p>
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The accused continued to delay the sale on the pretext of testing the material and kept on receiving money from the complainant towards its maintenance in various companies including M/s Barclays Metal World run by them, the police said.</p>
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On verification, M/s Barclays Metal World was found to be dealing in metal scrap and was owned by Ahmad.</p>
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The police said that another accused Bhawani Singh Shekhawat had also been arrested and further investigations were being carried out to apprehend the other culprits.</p>
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