The Hindu·2 min read·medium

Telangana man arrested for cheating Chennai businessman of ₹12.7 lakh in IOC tender fraud

T
The Hindu Bureau
Telangana man arrested for cheating Chennai businessman of ₹12.7 lakh in IOC tender fraud
AI Summary

A 33-year-old man from Telangana was arrested by Chennai police for his role in an online fraud scheme involving a fake Indian Oil Corporation tender. The accused provided his bank account to facilitate the transfer of ₹12.7 lakh from a businessman, receiving a commission for his involvement.

A 33-year-old man from Telangana was arrested by the Greater Chennai Police in connection with an online fraud case, in which a Chennai-based businessman was allegedly cheated of ₹12.70 lakh on the pretext of paying a security deposit for an Indian Oil Corporation Limited (IOCL) tender.

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