<h1>Man Arrested for Allegedly Defrauding 65 People of 80 Lakh Rupees in Ponzi Scheme; Investigation Ongoing</h1> The Delhi Police's Economic Offences Wing arrested a man for allegedly defrauding over 65 individuals of approximately 80 lakh rupees through a Ponzi scheme. The accused, a resident of Jahangirpuri, promised to double investments within a year. The scheme involved paying early investors with funds from new investors to build trust, leading victims to recruit more participants. The case was initiated following a complaint from a victim who was persuaded to invest in the fraudulent scheme. The accused was apprehended on February 15, and authorities are investigating the full extent of the fraud and identifying additional victims.