Mangalore, October 2: Following an arrest warrant from Thane in Maharashtra, a resident of Morgans Gate here was taken into custody by Pandeshwar police on Monday on charges of duping investors.
Sources in Pandeshwar police station told 'Coastaldigest.com' that they arrested Sumith Raj, a resident of Morgans Gate in the city after they received an arrest warrant from Thane. Sumith will be produced before the court in Maharashtra, they said.
A victim lodged a complaint against Sumith in Thane after a Rs. 90,000 cheque bounced. He is said to have collected money from various other investors too and cheated them.
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