Gurnam Singh Arrested for Duping 5 crore Investors Amounting to ₹49,000 crore
The Economic Offences Wing (EOW) of the Uttar Pradesh Police Thursday arrested Gurnam Singh. He is the director of Pearls Agro-Tech Corporation Limited (PACL). The arrest occurred in Ropar district of Punjab. The arrest came in connection with the nearly Rs 49,000 crore alleged Ponzi scam. Crores cheated; ED Tightens the Noose Gurnam Singh allegedly extorted a massive amount of money from people in various states of the country. He did this through his company PACL. He deceived them by showing the dream of "doubling-triple the income in a short time". Gurnam has duped over five crore investors across 10…