Ravindra Nath Soni, prime suspect in a major UAE investment fraud, was arrested in Dehradun after an 18-month manhunt

Ravindra Nath Soni, the prime accused in one of the UAE’s biggest investment frauds, was arrested on Sunday afternoon in Dehradun after an 18-month manhunt. It was a food delivery order that led to his arrest.

Ravindra Nath Soni, 44, is the owner of the Dubai-based BlueChip Group and the prime accused in a major investment scam, as per a Khaleej Times report . He allegedly defrauded numerous investors by promising unusually high monthly returns through his company.

BlueChip, which operated out of the Al Jawhara Building in Bur Dubai, advertised “guaranteed” returns of 3 per cent per month — or 36 per cent annually — on a minimum investment of USD 10,000 locked in for

See Full Page