India, Nov. 26 -- The Cuffe Parade police have arrested five people accused of defrauding a senior citizen of Rs.4.35 crore and recovered Rs.40 lakh from them. The accused posed as officials of the Employees' Provident Fund Organisation (EPFO) and extracted money from the senior citizen claiming they could help him withdraw Rs.11 crore accumulated in his Provident Fund account.

Three of the arrested accused - Basant Sharma alias Sanjay Kumar Uprethi, 58; Hemant Sharma, 26; and Gautam Verma, 36 - are from Ghaziabad in Uttar Pradesh. Two others - Rehmatulla Khan, 42, and Akthar Shafi Ahmed Hussain, 20 - are residents of Gorakhpur. Police has recovered 43 debit cards from them, so it seems that they made several fake bank accounts to avoid ...