Home Scam/Fraud Key accused in MLM scam held in UP | Aurangabad News

Key accused in MLM scam held in UP | Aurangabad News

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Aurangabad: The key accused in a two-year-old multi-level marketing scam has finally been arrested from Uttar Pradesh by Economic Offences Wing (EOW) of the Aurangabad city police.
The accused has been identified as Satish Tiwari from Sultanpur in Uttar Pradesh. He was arrested in the wee hours of Thursday and produced before a court which remanded him to six-day police custody.
The offence against the racket was registered in July 2019 at the Kranti Chowk police station. Police said that the accused has been slapped with the charges of cheating and sections of Maharashtra Protection of Interest of Depositors (in financial establishment) Act.
Soon after the registration of the offence, two of the five accused, Sunita Karmarkar from Thane designated as company’s administrator and Navalkishor Pande designated as company’s director were arrested.
EOW’s assistant inspector Amol Satodkar said that in the offence registered against…

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