A special team of city police arrested Abdul Suban, who was absconding yesterday. Two of his accomplices had already been held last year and are lodged in prison.
Police said, "Suban and the other two--Arvindraj and Saeed Salaudeen, were running a fake placement company here, assuring gullible IT job aspirants of securing employments for them in top companies in return for money.
They had cheated 14 persons of Rs 25.70 lakh and given them "fake" appointment orders, a City Police release said, adding, the arrests were made following a complaint by one of the victims in 2013.
They had received a total of Rs 50 lakh from 30 such job aspirants whom they "selected" before giving them fake appointment orders, it said, adding, complaints in this regard had already been pending against them.
Suban was remanded in judicial custody, the release said adding, job aspirants should not believe such persons who promise jobs for money.