N-Mart chairman remanded to custody for 14 days

Gopal Mohan Singh Shekawat, chairman of N-Mart who duped the investors with crores of rupees was remanded to judicial custody for 14 days on Saturday.

Prakasam district police arrested Gopal Mohan Singh in Surat in Gujarat. He was allegedly collected about 1400 crore by establishing N-Mart and cheated people through online money circulation and marketing.  Assets worth about Rs 50 crore have been seized from Gopal Singh. Police said a helicopter and many cars of companies like Rolls Royce, BMW and Mercedes Benz have been recovered from his residence.  He was brought to Ongole and produced in the court. 

-Sakshipost