Falcon scam: Chief operating officer Aaryan Singh arrested; 4,065 duped of Rs 792 crore

The Crime Investigation Department apprehended Aaryan Singh, COO of Falcon Invoice Discounting, for his involvement in a significant investment fraud. Singh, along with MD Amardeep Kumar, allegedly defrauded 4,065 depositors of ₹792 crore. He directly engaged with victims, collecting ₹14.35 crore in deposits, and is the tenth person arrested in connection with the scam.

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