India, Dec. 10 -- An arrest has been made in a case where a man impersonating an officer from the Intelligence Bureau (IB) had cheated around 15 persons of Rs.17 crore. Prabhakar Shetty, a 70-year-old Goregaon resident, was picked up from Udupi district in Karnataka by the Economic Offences Wing (EOW) of the Mumbai Police.

Shetty was an accomplice of the main accused, Rupesh Chaudhary, a resident of Nashik. Chaudhary died on July 18, before the complainant approached the police.

Chaudhary was a conman who posed as an IB officer, promising his victims apartments at cheap rates. He claimed he knew an IAS officer posted with the Maharashtra Housing and Area Development Authority (MHADA) and could swing deals for them.

Chaudhary indeed had...