The brother of Al Falah University Chairman Javed Siddiqui, who is under investigation in the Delhi blast, has been arrested by the Madhya Pradesh police from Hyderabad in connection with a financial fraud in Mhow, officials said on Monday.
Hamood Ahmed Siddiqui, accused of orchestrating a large-scale financial fraud in MP’s Mhow 25 years ago, was arrested from Hyderabad on Sunday, an official said.
“Hamood vanished from Mhow in 2000 after allegedly establishing a bogus private bank and luring hundreds of residents with promises of doubling their deposits. He had fled with his family soon after the scam surfaced, leaving authorities searching for him for decades. He was arrested in Hyderabad yesterday,” Mhow Sub Divisional Officer of Police Lalit Singh Sikarwar told PTI.
The arrest was made after the Mhow police began re-examining the background of Javed Siddiqui and his local roots came to light, the official said.
A detailed review of family records indicated that Hamood had been​The brother of Al Falah University Chairman Javed Siddiqui, who is under investigation in the Delhi blast, has been arrested by the Madhya Pradesh police from Hyderabad in connection with a financial fraud in Mhow, officials said on Monday.
Hamood Ahmed Siddiqui, accused of orchestrating a large-scale financial fraud in MP’s Mhow 25 years ago, was arrested from Hyderabad on Sunday, an official said.
“Hamood vanished from Mhow in 2000 after allegedly establishing a bogus private bank and luring hundreds of residents with promises of doubling their deposits. He had fled with his family soon after the scam surfaced, leaving authorities searching for him for decades. He was arrested in Hyderabad yesterday,” Mhow Sub Divisional Officer of Police Lalit Singh Sikarwar told PTI.
The arrest was made after the Mhow police began re-examining the background of Javed Siddiqui and his local roots came to light, the official said.
A detailed review of family records indicated that Hamood had been ​Latest News [ SOBAN NEWS: International and National ]
