MUMBAI, June 7 -- A 33-year-old agent who fled with more than Rs.50 lakh from depositors of a Mulund-based cooperative credit society was booked on Thursday for cheating. According to the police, Jai Maa Ambe Cooperative Credit Society has over 5,000 fixed deposit (FD) account holders. The society had appointed eight agents to collect money from people to deposit it in their FD accounts using an app. The suspect, Jai Rajbhar, was hired as an agent in 2012 for this. In the first week of April, two persons approached the society alleging that they had given Rs.12 lakh in cash to Rajbhar in 2023 to deposit in the society for getting good returns. Rajbhar had returned only Rs.8 lakh and no accrued interest, as per the FIR. After the office bearers confronted, he returned Rs.4 lakh and apologised. On April 22, nearly 10 others visited the society with similar complaints. The police found that Rajbhar installed another mobile app on his phone and also made the depositors install it. Through this, he generated fake receipts and certificates. The accused had thus fled after collecting Rs.50 lakh from many people from August 2023 to April 18, 2025. Based on a complaint by the vice president Nilesh Gupta, a case was registered and the police are now searching for him, said senior inspector Ajay Joshi. MANISH KUMAR PATHAK...