PTI

MUMBAI, Aug 5: Police created an internet company to trap an MBA graduate who allegedly duped several corporates to the tune of Rs 25 lakh.

Richard Nelson, the 29-year old graduate, was arrested by police in Saki Naka when he appeared for an interview for the company floated by police recently, a senior official said on Saturday.

Police had received a complaint that Nelson had duped a company of over Rs 2.60 lakh by claiming that he had clinched an international business deal for it.

He had allegedly taken away Rs 2.50 lakh by producing a fake invoice receipt and charged Rs 11,000 as his commission, they said.

He allegedly left the company soon after he obtained the funds.

The police official said, "Nelson is very intelligent and drew salaries of above Rs one lakh a month. We had only his e-mail ID and could not trace him. We were sure that he would be on the lookout for a new job and so we e-mailed him about a position for a sales manager in our fictitious company."

"He agreed to come for an interview after a long time and was arrested," the official said.

Police had to rent office space for their 'company' in a suburban hotel and nabbed Nelson during the interview.

During interrogation, it was found that Nelson had allegedly duped at least four other companies to the tune of Rs 25 lakh by gaining their confidence and using the same modus operandi, said the official.