BSF deputy commandant has cheated people of Rs 125cr: Officials

The deputy commandant of Border Security Force BSF who was arrested by the Gurugram Police has cheated a number of people to the tune of Rs 125 crore officials said on SundayThe police have recovered cash around Rs 14 crore jewelry worth Rs one crore and seven luxury cars from his houseThe accused Praveen Yadav reportedly suffered loss of Rs 60 lakh in share market He wanted to repay his debt and for that he started cheating peopleYadav allegedly cheated a number of people to the tune of Rs 125 core on the pretext of providing them tenders while impersonating himself as an IPS officer during his posting with NSG at Manesar said a Gurugram Police officerA senior police officer said that so far they have recovered seven luxury cars jewelry and cash from the house of the accusedPraveen Yadav the deputy commandant of BSF his wife Mamta Yadav sister Ritu and one close aide Dinesh were also arrested by the police When he cheated the innocent persons he was posted with NSG on deputation He had transferred whole amount in an account which he opened in the name of NSG His sister Ritu is manager at Axis Bank She helped him in opening the account said a police officialThe police official said that his next posting was in Agartala But he had collected huge wealth and recently wrote a resignation letter to the concerned department His resignation has now been acceptedAccording to the information on January 8 one Narayan Das Israni lodged a complaint with the police against Praveen Yadav In his compliant the victim had alleged that Yadav who claimed to be an IPS official in NSG office of Manesar took Rs 65 crore from him on the pretext of providing him different tendersThe victim was also given fabricated allotment letters of tenders by the accused The complainant had also mentioned the name of Ritu Yadav in his compliant that she was assisting her brother in the crimeSeeing the gravity of the matter an SIT was formed by the Gurugram Police to look after the matter The SIT after conducting a thorough probe arrested the accused and his family members The police said they have received more complaints against the accusedWe have taken him on police remand to unearth the whole conspiracy We have found evidences against him said the police officerFurther probe in the matter is underwayThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever