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Crime
Bihar Police Arrests Stock Market Fraudster Shridhar Pathak in Lucknow
✍️ Amar Ujala · Patna
🗓 06 Oct 2026, 03:47 PM
👁 12
Bihar police have arrested Shridhar Pathak in Lucknow for defrauding victims of crores of rupees by promising 30-50% returns in the stock market.
Bihar police have successfully apprehended Shridhar Pathak, a fugitive accused of orchestrating a massive stock market fraud scheme. The suspect was arrested in Lucknow, Uttar Pradesh, after evading law enforcement for approximately two years.
According to police sources, Pathak lured numerous victims into his scheme by promising substantial returns of 30 to 50 percent on their investments. The total amount defrauded is estimated to be in crores of rupees. The arrest marks a significant breakthrough in the ongoing investigation into this financial scam.
Victims of the fraud have appealed to the authorities to ensure the recovery of their hard-earned money. The police are currently proceeding with further legal actions against the accused to recover the stolen funds and bring the entire network to justice.
According to police sources, Pathak lured numerous victims into his scheme by promising substantial returns of 30 to 50 percent on their investments. The total amount defrauded is estimated to be in crores of rupees. The arrest marks a significant breakthrough in the ongoing investigation into this financial scam.
Victims of the fraud have appealed to the authorities to ensure the recovery of their hard-earned money. The police are currently proceeding with further legal actions against the accused to recover the stolen funds and bring the entire network to justice.