Two arrested for defrauding people of Rs 58 million on pretext of arranging farm subsidies

Police have arrested two people on charges of defrauding people of Rs 58 million by promising to arrange subsidies for agricultural farms.

According to the Central Police Newsroom, both arrestees had taken money by claiming they would secure concessional subsidies for agricultural farms. They were arrested by the Central Investigation Bureau (CIB).

Among those arrested are residents of Kathmandu Metropolitan City. Investigation into them is ongoing.

Further details on how many people the money was taken from and what procedures were shown to promise the subsidies are expected to emerge once police investigation is complete.