India, July 15 -- The police on Sunday arrested a 56-year-old scrap dealer for allegedly cheating several traders and shopkeepers from south Mumbai by placing bulk orders and paying through cheques from a chequebook that was lost by its original owners.

The accused, Bharat Nimavat, is a resident of Shivai Nagar in Thane West. He earns a living as a scrap dealer and a real estate broker. Police said Nimavat visited south Mumbai whenever he found discarded cheque books in scrap. The complainant, Viraj Jain, 26, owns a marble shop in the Gol Deval area in Bhuleshwar. According to the complaint, on June 13, the accused posed as a trustee of a private trust looking to buy 31 heaters for the trust's newly constructed rooms. He purchased Racold...