NEW DELHI, Jan. 12 -- The Delhi police on Friday claimed to have arrested the director of a real estate firm from Noida on charges of cheating. Police said the man, along with the two other directors of the firm, had made unsuspecting buyers to invest in their project at NH8 following which usurped the money.

DCP (economic offences wing), Varsha Sharma, said they have come across 13 victims who were cheated to the tune of several crores. She said investigations are on to trace the money that had been siphoned off.

Published by HT Digital Content Services with permission from Hindustan Times....