Neelankarai Police have arrested a man for allegedly cheating a resident of Rs6.74 lakh by promising high returns on business investments.
According to police, the incident dates back to the COVID-19 pandemic in 2021. Praveen Kumar, 36, along with his wife, persuaded Gokul, 31, to invest in their business with the assurance of substantial profits. Trusting their claims, Gokul transferred a total of Rs9,04,000 through online transactions to Praveen Kumar and his wife between January and December 2021.
Police said the couple failed to deliver the promised returns and later refused to return the money, leading Gokul to file a complaint. Following an investigation, Praveen Kumar was arrested, and further inquiries are underway to trace the remaining amount and identify additional victims, if any.
