A former secretary of an agricultural cooperative society in the district has been arrested by the Economic Offences wing police for allegedly swindling Rs 67.89 lakh.
Arivazhagan, former secretary of Vedasanthur Devinayakanpatti Primary Agricultural Cooperative Credit Society and a member of AIADMK from Kuttam, was arrested on a complaint from District Deputy Registrar Jesudasan, police said today.
According to the complaint, Arivazhagan had swindled the money by pledging fake gold jewels when he was the secretary.
Besides, he was also doing business in bullion selling the pleged jewels for high prices and pledging jewels with private banks, police said adding further investigation was on.
