A glib talker who had managed to cheat at least three people of a total of Rs10 lakh by promising to double their money within an hour, was arrested from Orlem in Malad (West) on Tuesday.
The Malad police were on the lookout for Sanjay Surve, 25, a resident of Kurar village, since August 8 when one of the complainants filed a cheating case against him.
In August, Jayal Shah, 27, a plastic merchant, had sent his employee, Mahendra Thasal, 24, to deliver Rs 10 lakh to a client at Charni Road.
Thasal was advised by two of his friends, Sachin Parab, 33, and Manish Dunbhal, 32, to deposit the money with Surve, who promised them that he would double the amount given to him within two hours by investing it.
“The three men gave Surve the money and he told them to wait for a few hours and he would return with double the amount. That was the last time they saw him,” said sub-inspector Mahesh
Nimbalkar from the Malad police station. “We have secured his custody until December 24.”
The Malad police are checking if there are similar cases registered against the accused at other police stations. in the city.
Nimbalkar added, “After Thasal, Parab and Dunbhal realised that they had been cheated they were scared to confront Shah and did not even report to work.
Realising that his money was missing, Shah registered a complaint against the three friends on August 8. We arrested them and they told us how Surve had cheated them.”