Police have arrested six people who used to obtain cheques of government organisations and private companies, got them scanned and withdrew money by filling in fake details.
The main accused, identified as Tripurari Prasad, is an MBA. "He had plans to obtain a loan of Rs 10,000 crore from one country and R400 crore for setting up a power plant and a black beer plant," said Chhaya Sharma, DCP (south). Another accused, Amandeep, is a graduate from Delhi University and is currently pursuing his MBA. The other accused have been identified as Harvinder Singh, Arshad Ahmed, Devender Singh Mendhiratta and Harmeet.
Tripurari Prasad and Harvinder Singh were apprehended first and few signed cheques were recovered from them. "The accused disclosed that they had been collecting cheques from one Jamir, his son Arshad and his associates. A trap was laid and Arshad was apprehended," Sharma added.
Three other accused were arrested later but Jamir managed to escape. "Jamir's arrest would lead to another chain that used to procure these cheques. Various teams are working to probe the matter further," a senior police officer said.