📷 Image: Wikimedia Commons / anuraghunka
Crime
Six arrested in Mandla ₹1.75 crore double‑money fraud, ₹66.5 lakh assets seized
✍️ Amar Ujala · Madhya Pradesh
🗓 02 Oct 2026, 05:01 PM
👁 10
Police in Madhya Pradesh’s Mandla district busted a scheme that promised to double investors’ money, arresting six suspects and confiscating cash and assets worth over ₹66 lakh.
Madhya Pradesh police announced the arrest of six individuals suspected of running a fraudulent investment scheme in Mandla district. The operation, carried out by the district’s crime branch, targeted a network that lured victims with promises of doubling their money within a short period.
According to officials, the scheme collected approximately ₹1.75 crore from more than fifty complainants. Victims were told that their deposits would be returned with a 100% profit, a claim that proved to be baseless.
During the raids, investigators recovered ₹32 lakh in cash and seized movable and immovable assets valued at a total of ₹66.5 lakh. The seized property includes vehicles, jewellery and land documents linked to the accused.
The police have begun questioning the complainants to trace the full extent of the fraud and are preparing charge sheets against the six arrested individuals. Further legal action will be pursued under the Indian Penal Code and relevant financial statutes.
According to officials, the scheme collected approximately ₹1.75 crore from more than fifty complainants. Victims were told that their deposits would be returned with a 100% profit, a claim that proved to be baseless.
During the raids, investigators recovered ₹32 lakh in cash and seized movable and immovable assets valued at a total of ₹66.5 lakh. The seized property includes vehicles, jewellery and land documents linked to the accused.
The police have begun questioning the complainants to trace the full extent of the fraud and are preparing charge sheets against the six arrested individuals. Further legal action will be pursued under the Indian Penal Code and relevant financial statutes.