Man arrested for duping MBBS students of Rs 1.5 Crore by Posing as Currency Broker
Chennai: A conman who cheated several medical students hailing from Tamil Nadu and other States and enrolled in MBBS courses in Russia, has now been arrested by Police.
The 43-year-old conman posed as a currency exchange agent, promised to deposit Russian rubles in the bank accounts of the MBBS students in exchange of Indian currency. He has duped the family members of at least 40 students of a huge amount of Rs 1.5 crore.
Police arrested the accused identified as K Anthony Raja of Mangadu on Monday. He was produced before a magistrate and remanded in judicial custody. Allegedly, the accused used to utilise the money taken from the families of medical students to lead a lavish life in Gia and other holiday destinations.
Avadi CCB officials have informed that the accused promised to exchange the money for ruble in exchange of a commission and students who failed to exchange the Indian currency for ruble to pay their university fee used to seek his help.
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