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Gujarat man arrested in ₹30 crore investment fraud, wore wig & used 3 fake names

short by Jessica Rajan / on Monday, 14 September, 2026
A 56-year-old man has been arrested in Gujarat for allegedly cheating 42 investors of ₹30.26 crore through a stock market scam. Roshan Bhushan Sheth wore wig and used three fake names to hide his identity while promising investors 5% monthly returns. He collected their money and showed fake profit statements to make them believe their funds were being traded successfully.
read more at Moneycontrol