Wave Group vice chairman Manpreet Singh Chadha was arrested while trying to escape to Thailand.
Manpreet Singh Chadha. (Photo courtesy: Twitter)
New Delhi: Vice Chairman of Wave Group Manpreet Singh Chadha was arrested by Delhi police in connection with a cruse fraud case of the Rs 100, a police officer said Thursday.
Chadha, the son of real estate and alcoholic baron Ponty Chadha who was killed in a firefight six years ago, was arrested from Indira Gandhi International Airport during his attempt to escape to Thailand, additional commissioner of the economic crime wing of Delhi. Police Suvashish Chaudhary said.
Prior to his arrest, airport security officers and immigration officers were alerted and a Look-Out Circular (LOC) against Chadha was published.
According to the FIR, the group of buyers of more than Rs 100 crore has been duped and made unlawful profits to the company in the name of promising a Hi-Tech township project on NH-24.
. (tagsToTranslate) IGI airport (t) Manpreet Singh Chadha (t) Ponty Chadha (t) Golf group