Jeweller arrested for selling ?100 crore gold to fake buyers
Officers of the Central Crime Station, Hyderabad have arrested a director of Musaddilal Jewellers for allegedly selling gold worth ?100 crore to fictitious customers. The jeweller used fake names and fake addresses on the bills, according to reports. The arrest was made after the Income Tax department lodged a complaint alleging fraud by the jeweller.
Officers of the Central Crime Station (CCS) Hyderabad today arrested director of Musaddilal Jewellers Private Limited Kailash Chand Gupta for allegedly selling gold worth Rs 100 crore to fictitious customers.