CURATED BY – SUNIL YADAV | CITYCHIEFNEWS

Katni, Kuthla police of Katni today arrested the fourth accused who committed fraud of Rs 36 lakh while running a chit fund company. Let us tell you that this case of quadrupling money in 200 days came into discussion last year when many people were cheated in the greed of quadrupling money.

According to Kuthla police, the fourth accused has also been arrested in the said case for embezzling Rs 36 lakh in the name of quadrupling money. Earlier, three accused have been arrested and sent to jail in 2023 itself. Police station in-charge Abhishek Choubey said that Vishwajeet Singh, a resident of Barwara, who was absconding for a year after committing fraud, has been arrested. Earlier, three accused had already been arrested. In 2023, a complaint was lodged against this chit fund company in Kuthla police station. The chit fund company was operating in the name of ASEC Investment at Panna Mod in Kuthla police station area. The accused of fraud was arrested and produced in the court.