A Chartered Accountant has been arrested by Crime branch of Delhi police on charges of cheating people with false hopes of great business opportunities and big loans from major foreign banks.

The CA named Brij Bhushan Aggrawal (49) of Pitampura had been cheating people since 15 years.

Arrest warrant against him was issued on charges of cheating a person of Rs 12.5lakh. Aggrawal had promised to get the man a contract to run a canteen at Reliance Energy Ltd in Agra.

In another case he had cheated a person with Rs 2.5 lakh on hopes of giving him a loan worth Rs 25 crore from a foreign bank.

In 1996, a case filed against him at Kamla Market on charges of duping another businessman of Rs 15 lakh. In this case he acted to be an NRI and promised to facilitate rice export from India.