Six persons, who allegedly cheated job-seekers by promising them jobs in SBI, Income Tax, Railways and other government departments, have been arrested in Hyderabad yesterday.
The gang members hailing from different districts of Andhra Pradesh and Telangana were led by P Venkatesh and allegedly cheatedover 50 unemployed youth on the pretext of providing jobs after collecting money from them, a police release said.
The gang members were nabbed from different locations of the city.
The release said Rs 12 lakh, fake appointment orders of SBI, Income Tax Department, Railways and National Rural Health Mission were seized from the possession of the accused.
The "fraudsters" had set up a job consultancy firm 'MVM Technologies' and promised the job-seekers jobs in government departments, it said.
They demanded Rs 10 lakh and took advance amount ranging between Rs 3 to Rs 4 lakh from each candidate, police said.
After taking the money, they conducted "interviews" in the visitors lounge of Income Tax Offices in Hyderabad, Visakhapatnam, Bengaluru, Mysuru, Cochin, Kolkata, New Delhi.
For SBI 'Interviews', they selectedthe State Bank of India at Gunfoundary.
They also prepared fake appointment letters and started fake SBI learning centres in different states.
The candidates lodged complaints after they realised that they were cheated, police said.
Venkatesh cheated them of Rs one crore and he spent it lavishly by touring Thailand, Malaysia, Indonesia, Maldives, the release added.(PTI).