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Mumbai Police arrest Gujarat man for fraudulently transferring shares worth Rs 24 lakh in his name

Mumbai Police has arrested a man from Gujarat for allegedly fraudulently transferring equity shares worth about Rs 24 lakh belonging to another man

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Representational Pic/File/iStock

Representational Pic/File/iStock

The Mumbai Police  has arrested a man from Gujarat for allegedly fraudulently transferring equity shares worth about Rs 24 lakh belonging to another man, the PTI reported on Sunday.

The officials from the Economic Offences Wing (EOW) of the Mumbai Police arrested the man, a resident of Ahmedabad in Gujarat for allegedly fraudulently transferring shares in his name, an official said.

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