A 49-year-old woman, Savita G, has been arrested for allegedly cheating her social circle of over Rs 5 crore through a web of lies involving kitty parties, gold imports, and high-return investments.
Residents of Kirloskar Colony, Basaveshwaranagar, Savita and her alleged accomplice, Puneet P from Sunakadakatte, were taken into police custody. Two FIRs have been filed against Savita at Govindarajanagar and Basaveshwaranagar police stations.
According to investigators, Savita targeted women from financially strong backgrounds by posing as a social worker, realtor, and gold trader with strong political links. She contacted women on social media, especially those active in social circles with disposable income, offering fake opportunities to double their money via imported gold and real estate ventures.
The local court remanded both accused to police custody for five days as the investigation continues.
