Ranjeet Kumar Gautam, 26, who posed himself as Dinesh Kumar Singhania, was arrested based on a complaint filed by lawyer N Sahar.
The lawyer wrote in her complaint that she and her mother were cheated of Rs 25,000 by Singhania, who introduced himself as a customer care executive of HDFC Bank.
The mother-daughter duo waited for a few days to get some information from the bank and approached the bank later which informed them that they were cheated.
Through technical surveillance of Gautam's mobile phone, police tracked down his address where he ran a firm, 'R K Financier Pvt Ltd', on behalf of HDFC Bank.
"Further, it was found that Dinesh Kumar had employed 13 people for field job whose duty was to visit the residences of prospective customers. He ran his business for two months and abruptly stopped going there when the rent was to be paid for the second month," a senior police official said.
Born in a poor family, Gautam did his graduation from B R Abmedkar University, Agra and completed his post graduation in management (MBA) from National Institute of Sales in Delhi.
"His quest of earning easy money dragged his into criminal activity. He was arrested in 2006, in a case of kidnapping for ransom. After coming out of jail, he did not go to his home and started working for the bank," the official said.
