Mumbai police arrests two in Rs 1.5 crore investment fraud case. The police have arrested two persons, including a former manager of a life insurance provider and a private bank manager, for their alleged involvement in a Rs 1.5 crore investment fraud targeting a 68-year-old retired bank manager from Navi Mumbai. The complainant was allegedly lured through a Facebook video promising Rs 30 lakh returns on an investment of Rs 22,000 and persuaded to invest.