Man who duped over 150 citizens arrested by SOG

Vadodara: The special operations group (SOG) arrested a fly-by-night Ponzi scheme operator who duped over 150 persons in 2018 of nearly Rs2.5 crore before vanishing from the city.
Accused Hasan Khan Pathan was nabbed on Saturday when he came to meet his wife at their home in Navayard area of the city.
According to the police, Pathan had started an office in a posh building on Dabhoi Road in 2017. He offered lucrative financial schemes to people and offered two times returns on their investment. Pathan told his victims that he would trade in bitcoins and double their money in 100 days. Many citizens fell for his offer and invested money in his firm.
When the investors found that his office was locked in 2018, they tried to contact him but soon realized that they have been duped. They lodged a complaint of cheating at the crime branch police station. SOG police inspector, M R Solanki said that Pathan had been staying in Thailand and Indonesia for the past two years.