Ambala ₹2 Crore Fraud Case, Haryana | July 23, 2026
Ambala Police have arrested two key suspects in connection with an alleged ₹2 crore fraud in which a businessman was reportedly deceived with promises of doubling his investment. The arrests mark a significant breakthrough in the investigation into the financial scam.
Police Crack Down on Fraud Syndicate
According to police officials, the accused were part of a group that allegedly lured victims by offering unrealistic returns on their investments. Using technical surveillance and digital evidence, investigators tracked down the suspects and arrested them from Zirakpur, Punjab.
The arrested individuals have been identified as:
- Kulbir Singh, a resident of Pandwala village, Dera Bassi Police Station, SAS Nagar (Mohali), Punjab.
- Balwinder Singh, also a resident of Pandwala village in Mohali district.
Accused Sent on Police Remand
Following their arrest, both suspects were produced before a local court, which granted police remand. Investigators are questioning the accused to recover the defrauded amount and identify other individuals who may have been involved in the alleged fraud network.
Police believe further arrests could follow as the investigation progresses.
Investigation Continues
Authorities are continuing to examine financial transactions, digital records, and other evidence to determine the full extent of the scam. Officials have also appealed to anyone who may have been targeted by similar investment schemes to report the matter to the police.
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