New Delhi, July 12 -- A 49-year-old Bengaluru woman, Savita G has been arrested for allegedly defrauding nearly 30 women in her social circle of over Rs.5 crore through fraudulent investment schemes.

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According to a report by the Times of India, she was taken into custody along with her alleged accomplice, Puneet P, by Bengaluru police earlier this week.

Savita, now in police custody along with her associate Puneet P, is accused of duping women by convincing them to invest large sums in purported gold import deals, real estate ventures, and private media contracts, according to police reports.

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