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The Hindu·2 min read·medium

Man duped of ₹19 lakh with a promise of iridium; Dindigul district police arrest suspect in Dharapuram

T
The Hindu Bureau
Man duped of ₹19 lakh with a promise of iridium; Dindigul district police arrest suspect in Dharapuram
AI Summary

Police in Dindigul district arrested a man named Saktivel for defrauding a victim of ₹19 lakh by falsely promising to sell him iridium. Authorities recovered a portion of the stolen funds and jewelry while warning the public against such fraudulent schemes.

Why it matters

It serves as a public warning regarding common financial scams involving fake precious materials and highlights local law enforcement efforts.

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A 51-year-old man identified as Saktivel was arrested in Dharapuram in Tirupur district on Friday and ₹10 lakh and some gold jewellery were recovered.

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Confidence: 90%

The article is a straightforward report on a criminal arrest and police statement.

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