India, Sept. 16 -- A 38-year-old broker from Malad, who had been on the run for three months, was arrested on Monday for allegedly defrauding two businesswomen of Rs.11 lakh. The amount includes a security deposit for the rented space of Rs.5 lakh, Rs.2.5 lakh that he had borrowed from them for his father's treatment, and Rs.3.5 lakh that he had charged to make a new rental agreement, which did not materialise, the police said.

According to the police, the ordeal began in July 2024, when the two women, Pooja and Manisha, along with their friend Amol Narendra Mistry, a furniture shop owner from Andheri, came together to run a salon in Malad. For this purpose, they were looking for shop spaces for rent and learnt about the availability in ...