New Delhi: A CEO of an online shopping company was arrested in connection with cheating cases, police said on Wednesday. The accused was identified as Vivek Gaur. He was arrested in Gurgaon, Sector 54...
In New Delhi, a CEO of an online shopping company named Vivek Gaur was arrested by police in connection with cheating cases. The arrest took place in Gurgaon, Sector 54. According to police reports, Gaur's company raised investments from various small businesses and investors in India and abroad. The company obtained raw materials from small businesses in the Delhi-NCR region and issued cheques as payment. It eventually declared bankruptcy and shut down. Five complaints have been filed against Gaur. In 2011, he founded an online shopping company in Gurgaon with a friend who served as the COO. The company specialized in retailing garments and accessories online.