India, Dec. 25 -- Three fraudsters posing as senor police officers have been arrested for extorting money from a Malad resident, in a con game that pushed the victim to the brink of suicide. The victim was found loitering at Dahanu railway station, mustering the courage to take his life on Friday.

Dindoshi police arrested the conmen on Tuesday for extorting Rs.99 lakh from the 39-year-old Malad resident, who owns an LPG agency. The victim was traced after his wife lodged a complaint with the police on December 15.

Police said it all began in September last year, when the victim lent around Rs.10,500 to an acquaintance, Praveen Khedekar, who had organised a Ganpati pandal in the neighbourhood. Soon, Khedekar asked him to lend him Rs.50,0...