The Chennai police, on Thursday, arrested two women, Devi and Nagajyothi, for cheating a businesswoman, Jeeva, of Rs 35 lakh. According to reports, Devi ran an iron-scrap business and lived in Mallika Nagar in Old Pallavaram. Nagajyothi, also a resident of Old Pallavaram, introduced Devi to her friend Jeeva, who lent her Rs 1 lakh for starting a business.
When Devi returned Rs 1 lakh along with an interest of Rs 1 lakh to Jeeva, within the stipulated time, the latter started trusting her and lent her money several times, as perreports. Three months ago, Devi asked Jeeva to lend her Rs 50 lakh, promising to repay Rs 100 lakh in three months.
Since Jeeva did not have Rs 50 lakh with her, she lent Devi Rs 35 lakh, expecting to receive Rs 70 lakh as promised.
After three months, when Devi did not pay back the borrowed amount, Jeeva and her husband Ramesh went to meet Devi to ask for their money. Devi reportedly told them that her business is facing continuous losses and hence she cannot give them the promised amount.
When Jeeva asked Devi to return at least the amount borrowed, without interest, Devi and Nagajyothi threatened the couple that they would complain to the police and inform them about the illegal financing business run by the couple.
The couple then approached the St Thomas Mount police and lodged a formal complaint. Although the accused women denied having borrowed any money from the couple, the CCTV footage inside the coupleās house had evidence of them receiving the money from Jeeva and her husband. The police arrested the women for cheating and for issuing threats to the couple and have been remanded to judicial custody. The women have been sent to Puzhal prison.