12 Indians arrested for running illegal networking business in Nepal

Twelve Indian nationals have been arrested for allegedly running an illegal networking business and duping several people in Himalayan nation, according to media reports.

All 12 accused, belonging to Uttar Presh, were arrested from a hotel in Kathmandu on Friday, May 10 while organising an orientation and training program to run illegal networking business for around 300 Nepalis, Himalayan Times reported.

Networking business, under which money is sent to foreign countries without any legal channel, has been banned by Nepal Rastra Bank.

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Metropolitan Crime Range said all suspects have been taken into custody.

"y were asking people participating in orientation to invest USD 1,250 promising m attractive return, a spokesperson for Metropolitan Crime Range DSP Hobindra Bogati was quoted as saying.

He furr said arrested Indian nationals h opened an unregistered marketing company in Nepal named Shine Group International.

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" arrestees have alrey swindled many Nepalis in name of company," official said.