Pawan Ruia arrested in Kolkata over alleged ₹315cr online scam
Business
Pawan Ruia, a well-known businessman from Kolkata, has been arrested over alleged involvement in a massive ₹315 crore online scam.
It all started when a senior citizen reported losing ₹93 lakh after being convinced to install an app that promised big returns.
Police trace funds, Ruia faces charges
Police found suspicious funds in Ruia's accounts and say the money was funneled into shell companies linked to his family.
He's now facing charges like cheating and forgery, and investigators are looking into whether other family members were involved too.