DGP office staffer arrested for cheating Lure of high interest pulls victims into ‘stock market’ trap

DGP office staffer arrested for cheating

Lure of high interest pulls victims into ‘stock market’ trap

A senior clerk working with the Maharashtra Director General of Police (DGP) office has been arrested by the Colaba police for allegedly duping his colleague and few others to the tune of Rs14.3lakh by making them invest in the share market to get huge returns. The clerk had allegedly gone absconding and was traced to Pune on Saturday. The accused has been identified Sunil Ankush Shiraskar, 42, a resident of Sasane Nagar in Hadapsar area of Pune. According to the police, a complaint against Shiraskar, who was working as a senior clerk with the Dakshata department of DGP office, was filed by Nandkumar Shridhar Khedekar, 48, a resident of Lalbaug, also a senior clerk in the DGP office. As per the complaint, in 2008, Shiraskar had told Khedekar that he knew some people in the share market and huge interest can be earned on the investments. “The victim and few others had invested around Rs14.3 lakh in a security firm, which deals in shares. Initially they had received good interest on the investment, but later they stopped getting returns,” said an officer from the Colaba police station. He added that Khedekar then lodged a complaint with the Colaba police alleging that Shiraskar had cheated them through the alleged fraudulent money investment scheme in the share market. “Shiraskar had gone absconding. We had received specific information that Shiraskar is at his Hadapsar residence in Pune. A police team went there and apprehended him at around 8.10pm on Saturday with the help of the local police,” he said. The police claimed that Shiraskar had confessed to the crime “Shiraskar is in the police custody till March 28. We are yet to recover the money invested by the victim and others,” said the officer.