Coimbatore: The police arrested the managing director of a leading sweet shop yesterday for allegedly cheating people of Rs 30 lakh promising to secure jobs for them.
TSR Balachandran had advertised seeking to fill managers and accountants posts in his shop and a large number of youth and retired persons applied, the police said.
He allegedly collected between Rs 30,000 and Rs one lakh from nearly 160 aspirants and did not offer them the jobs, they said. When the victims approached him, Balachandran allegedly threatened them of dire consequences, they added. Based on complaints, he was arrested, the police said.