3:56 PM

According to TOI report  Congress legislator of Punjab Jeet Mohinder Singh Sidhu has been arrested in connection with a Rs 60 crore fraud case.

According to the police: As per a complaint lodged by Raman Uppal, a resident of BD Estate area in New Delhi, Sidhu is the main accused who had hatched a conspiracy and facilitated other miscreants. The complainant stated that the accused had collectively made a strategy to defraud him. He alleged that the eight accused had duped him of nearly Rs 60 crore by cheating him in the name of a company, International Customer Related Management Services (ICRMS) Pvt Ltd.

The accused had transferred shareholdings, funds, structure and various assets of ICRM through forgery of valuable security and company records. The money misappropriated from ICRMS was used though the money laundering route. They had also replaced the existing directors of the company by new ones


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