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INPA04051247
The police arrested Kulwant Singh Negi, the owner of Sublime Chit Fund Company who has allegedly committed fraud to the tune of rupees 60 crore, in Amritsar, Punjab, India on Friday, May 4, 2012. He was allegedly booked in a multi-crore chit fund scam in the city eight years ago. A case of fraud was registered against him at Rambagh police station at that time. He disappeared from the city following the registration of the case in which hundreds of residents of the city were defrauded of Rs 60 crore. He was even jailed for one year in 2008. Photo by Dheeraj Sharma/Indian Photo Agency
The police arrested Kulwant Singh Negi, the owner of Sublime Chit Fund Company who has allegedly committed fraud to the tune of rupees 60 crore, in Amritsar, Punjab, India on Friday, May 4, 2012. He was allegedly booked in a multi-crore chit fund scam in the city eight years ago. A case of fraud was registered against him at Rambagh police station at that time. He disappeared from the city following the registration of the case in which hundreds of residents of the city were defrauded of Rs 60 crore. He was even jailed for one year in 2008. Photo by Dheeraj Sharma/Indian Photo Agency
